Mason Corp, obtained a trade name in January 201, at a cost of $30,000. The company amortizes the trade name over 8 years. Mason successfully defended its trade name in January of 202. incurring $9,800 in legal fees At the beginning of 203, based on new marketing research, Mason determines that the fair value of the trade name is $24,000. Estimated total future cash flows from the trade name are $26,000. Determine the amount of the impairment loss (if any) that occurred at the beginning of 203, and the amount of the amortization expense for 203, SHOW YOUR CALCULATIONS