In January 2012, Winn Corp. purchased equipment at a cost of $500,000. The equipment had an estimated salvage value of $100,000, an estimated 8-year useful life, and was being depreciated by the straight-line method. Two years later, it became apparent to Winn that this equipment suffered a permanent impairment of value In January 2014, management of Winn Corp.determines the expected future net cash flows (undiscounted from the use of the equipment and its eventual disposal to be $250,000 and a fair value of $225,000. Amount of an impairment loss for the equipment: O $150,000 $100,000 O $350,000 O $175,000