In January 2019, Vinn 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 Vinn that this equipment suffered a permanent impairment of value.

In January 2021, management of Vinn 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.

What is the amount of an impairment loss for the equipment?