Accounting question, thank you so much in advance!

Waterway Inc. bought a machine on January 1, 2016 for $815000. The machine had an expected life of 20 years and was expected to have a salvage value of $83000. On July 1,2026 , the company reviewed the potential of the machine and determined that its future net cash flows totaled $396000 and its fair value was $289000. If the company does not plan to dispose of the machine, what should Waterway record as an impairment loss on July 1, 2026? $24000$0$141700$34700 Waterway Inc. bought a machine on January 1, 2016 for $815000. The machine had an expected life of 20 years and was expected to have a salvage value of $83000. On July 1,2026 , the company reviewed the potential of the machine and determined that its future net cash flows totaled $396000 and its fair value was $289000. If the company does not plan to dispose of the machine, what should Waterway record as an impairment loss on July 1, 2026? $24000$0$141700$34700