On June 2, 2019. Jean Inc. purchased a trademark with a cost 2,360,000. The trademark is classified as an indefinite-life intangible asset. At December 31, 2019 and December 31, 2020, the following is available for impairment testing Dec 31, 2019 Dec 31, 2020 Fair value less costs to sell 2,280,000 2,265,000 Value-in-use 2,340,000 2,390,000 The 2020 income statement will report Select one a Recovery of impairment of 20,000, no impairment Loss or Recovery of Impairmenti Impairment Loss of 20,000 d. Recovery of Impairment of 50,000