Assume that Legoland needs to depreciate one of its Roller Coasters. The Roller Coaster was bought on 12/31/2017. All the costs that made the Roller Coaster ready for use are $1,100,000. Assume its useful life is 5 years. Assume the salvage value is $100,000. Because of COVID 19, very few guests went to Legoland in 2020. At the end of the year 2020, the financial manager of Legoland estimated that the pandemic would not be over until the end of 2022. She estimated that the sum of expected future net cash flows of this Roller Coaster was $350,000 and its fair value was $300,000. Assuming that LEGOLAND uses the double declining balance (DDB) method to depreciate this roller coaster, which of the following answer about impairment is correct for year 2020? O No impairment. O Impairment is confirmed; impairment loss is 112,400 O Impairment is confirmed; impairment loss is 62.400 O Impairment is confirmed; impairment loss is 150,000 None of the above