Illumination, Inc. owns a factory in Wisconsin that makes light bulbs. During 2020, due to increased competition from LED light bulb manufacturers the company determined an impairment test was appropriate. Management prepared the following information: (in millions) Cost $345 Accumulated $85 Depreciation Estimated future cash $225 flows Estimated fair value of $175 the factory assets a. Determine the amount of the impairment loss (if any) that Illumination should recognize in 2020. Clearly label and show your work. b. Assume that the future cash flows were $275 (instead of $225) determine the amount of the impairment loss (if any) that Illumination should recognize in 2020. Clearly label and show your work