On January 2, Year 5, Clarinette Co. purchased assets for $400,000 that were to be depreciated over 5 years using the sum of year digit method with no salvage value. Taken together, these assets have identifiable cash flows that are largely independent of the cash flows of other asset groups. At the end of Year 6, Clarinette, as the result of certain changes in circumstances indicating that the carrying amount of these assets may not be recoverable, tested them for impairment. It estimated that it will receive net future cash inflows (undiscounted) of $100,000 as a result of continuing to hold and use these assets, which had a fair value of $80,000 at the end of Year 6. How much is the impairment loss to be reported at December 1, Year 6