Due to increased competition from low-cost e-commerce sellers on Amazon, Windermere Paddleboards has experienced a significant declines in sales. The company has been producing paddleboards and accessories under their own brand name from their own manufacturing factory. The equipment in the factory has not been previously revalued or impaired. For the year ending December 31, 2024, the Controller gathered the following information relating to the manufacturing factory equipment, which is considered to be its own cash generating unit: Original Cost $8,730,900 Accumulated Depreciation $3,600,250 Fair Value $ 3,668,750 Costs to Sell $137,750 Risk adjusted cost of capital 9% Incremental cash flows for: 2025 $1,390,000 2026 $1,230,500 2027 $920,675 2028 $895,450 2029 and thereafter $- REQUIRED: Determine whether the manufacturing factory is impaired, and if so, provide the amount of the impairment. (10 marks) Be sure to show all of your work and supporting calculations to receive full marks! You may round your calculations to the nearest dollar