Presented below is information related to equipment owed by Sheffield co. At December 31, 2025. Cost $10,530,000 Accumulated depreciation to date 1,170,000 Expected future net cash flows $8,190,000 Fair Value $5,616,000 Sheffield intends to dispose of the equipment in the coming year. It is expected that the cost of disposal will be $23,400. As of December 31,2025, the equipment has a remaining useful life of 4 years. Loss on Impairment? Accumulated depreciation-equipment