Question 21 5 pts The management of Sparo Inc reviews certain equipment for possible impairment. This equipment has a cost of $900,000 with depreciation to date of $500,000 as of December 31, 2019. On December 31, 2019 management projected its future cash flows (undiscounted) from this equipment to be $380,000 and its fair value to be $350,000. The company intends to use this equipment in the future. What is the impairment loss the company should record in 2019 $30,000 $20,000 $50,000 No impairment loss because its future cash flows are greater than its fair value