George Maniflactiring had net income of $225,000 and declared preferred dividends of $20,000 during the cument year. George bogan the yoar with 13,000 commen ahanus outianding: it aikcend A. 54.50 B. 4.10 c. 53.94 b. $1200 fowe are 5577.000 ; and the fair value of the asset has been determined to be 5643.000 . What is the amount of the impaiment loss to be recorded, if any? 2. 0 B. $142,000 C. $206,000 D. 544,000