Collison and Ryder Company (C&R) has been experiencing declining market conditions for its sportswear division Management decided to test the assets of the division for possible impairment. The test revealed the following: book value of division's assets, $29.7 million fair value of division's assets, $22.6 million; undiscounted sum of estimated future cash flows generated from the division's assets, $30.3 million What amount of impairment loss should C&R recognize? (Enter your answer in whole dollars.) impairment loss