At the end of its 2024 fiscal year, a triggering event caused a company to perform an impairment test for one of its manufacturing facilities. The following information is available:

Book value	$ 65	million
Estimated undiscounted future cash flows	60	million
Fair value	50	million

The manufacturing facility is:

Multiple Choice

impaired because its book value exceeds fair value.

impaired because its book value exceeds undiscounted future cash flows.

not impaired because its book value exceeds undiscounted future cash flows.

not impaired because it continues to produce revenue.