Goldstein Inc. has equipment that, due to changes in its use, it reviews for possible impairment. The equipment's carrying amount is $600,000 ($910,000 cost less $310,000 accumulated depreciation). Goldstein determines the expected future net cash flows (undiscounted) from the use of the equipment and its eventual disposal to be $530,000. If the asset has a fair value of $479,000, how much is the impairment loss? $121,000 $380,000 $70,000 $310,000