A construction company owns a crane that is specifically used for construction of tall buildings; the crane is carried on the company's books at its cost less accumulated depreciation. Due to recent events in the market (including a slowdown in new developments of tall buildings, and development of new cutting edge cranes), the company determined that it needed to test the crane for impairment. Following is information about the crane: What is the amount of impairment the company should record, if any? (Select the best answer.) a. 500 b. 700 C. 900 d. 800