I need help solving the following problem:

Maimonides Inc. bought a machine on January 1, 2004 for $100,000. The machine had an expected life of 20 years and was expected to have a salvage value of $10,000. On July 1, 2014, the company reviewed the potential of the machine and determined that its undiscounted future net cash flows totaled $50,000 and its discounted future net cash flows totaled $35,000. If no active market exists for the machine and the company does not plan to dispose of it, what should Maimonides record as an impairment loss on July 1, 2014 assuming the straight-line method is used?