Given data for equipment owned by the Greenleaf Company:

Cost	$7,500,000
Accumulated Depreciation	2,000,000
Expected future net cash flows (undiscounted)	3,000,000
Expected future net cash flows (discounted)	2,500,000
Fair value	2,600,000

What is the impairment loss under IFRS?

Select one:

a. $2,900,000

b. $4,500,000

c. $2,600,000

d. $2,500,000

e. $2,800,000