On January 1 2018. Ayayal Ltd. purchased equipment for $760,000. The equipment was assumed to have an 8 year useful life and no residual value and was to be depreciated using the straight line method. On January 1, 2020, Ayayais management became concerned that the equipment may have become obsolete Management calculated that the undiscounted future net cash flows from the equipment was $546,250 the discounted future net cash flows was $184,500 and the current fair value of the equipment (after costs to sell was $475.000 Assuming that Ayaval is a private Canadian compary following ASPE identify which model should be used to test for impairment. should be used to test for implement