Bramble Landscaping owns some equipment that is used for its operations.

Management estimates that the equipment will last another three years

and will generate the following future cash flows at the end of each year.

Assuming Bramble Landscaping's equipment has a carrying value of

$$22300,$ how much of an impairment loss must Bramble record given a $5\%$

discount rate?

$$6997$

$$5385$

$$11864$

none as there is no impairment.