At the beginning of its 2020 fiscal year, Collinsworth Compnay's management was made aware of a significant adverse change in business climate that suggested the assets of its appliance division may be impaired. The following data relate to the division's assets:

Cost	$300 million
Accumulated Depreciation	$80 million
Undiscounted sum of estimated future net cash flows	$250 million
Fair market value	$145 million

The assets should be reported as a net amount of:

A) $220 million

B) $250 million

C) $300 million

D) $145 million