Cell Styles . . A x B fx C D E F G H BE SURE TO ANSWER ALL REQUIRED QUESTIONS (a) through (d) AND SHOW ALL COMPUTATIONS AND WORK IN SUPPORT OF YOUR ANSWERS On 12/31/2019 QB Inc. has machinery with a carrying value (net book value) of $255,000. The machinery has a remaining useful life of 5 Years. The machinery is expected to generate future cash flows of $265,000. The machinery also has a fair value (after costs to sell) of $220,000 and the present value of expected future cash flows for the machinery is $230,000. a. What amount of impairment, if any would QB Inc. recognize on the machinery under GAAP in fiscal year 2019? b. What amount of impairment, if any would QB Inc. recognize on the machinery under IFRS in fsical year 2019? c. As a result of impairment to the machinery, what is the difference in income QB Inc. realizes between using U.S. GAAP and IFRS in 2019? d. As a result of impairment to the machinery, what is the difference in Stockholder's equity QB Inc. realizes between reporting using U.S. GAAP and IFRS in 2019