Baker Corp. had equipment with a book value of $400,000, a fair value of $200,000, and expected future net cash flows of $300,000 as of 12/31/20. Baker intends to dispose of the equipment. The estimated disposal cost is $10,000. What should Baker record as a loss on impairment at 12/31/20?

Question 8 options:

	$100,000.
	$200,000.
	$210,000.
	$110,000.