El Dorado Foods Inc. owns a chain of specialty stores in the Pacific Northwest. Recently, four

of the stores have experienced declining profits due to market saturation in the area. As a result,

management gathered data about possible impairment of the assets of the stores. The information

gathered was as follows:

Book value: $$17\mathrm{.}5$ million

Fair value: $$14\mathrm{.}9$ million

Undiscounted sum of future cash flows: $$16\mathrm{.}5$ million

Required: Determine the amount, if any, of the impairment loss that El Dorado must recognize

on these assets.