Question 41 (3 points) The Vince Gilligan Company has equipment with a carrying value of $1,600,000. The equipment has an estimated fair value of $1,250,000, and expected future net cash flows from the equipment are $1,630,000. The equipment is expected to be used in operations in the future. What amount should Gilligan report as an impairment to its equipment? $270,000 $240,000 $30,000 O No impairment should be recorded