Nash Enterprises, Inc. operates several stores throughout the western United States. As part of an operational and financial reporting review in a response to a downturn in its markets, the company's management has decided to perform an impairment test on five stores (combined). The five stores' sales have declined due to aging facilities and competition from a rival that opened new stores in the same markets. Management has developed the following information concerning the five stores as of the end of fiscal 2024. Original cost Accumulated depreciation Estimated remaining useful life Estimated expected future annual cash flows (not discounted) Appropriate discount rate $38,660,000 $10,970,000 4 years $3,740,000 per year 5% Determine the amount of impairment loss, if any, that Nash should report for fiscal 2024 and the book value at which Nash should report the five stores on its fiscal year-end 2024 balance sheet. Assume that the cash flows occur at the end of each year. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to O decimal places e.g. 5,125. If no loss, enter amount as O.) Amount of impairment loss eTextbook and Media Save for Later Attempts: 0 of 6 used Submit