Question 5 Public company Rainy Day Ltd. (RDL) purchased a trademark on April 1, 2015, for $50,000. On December 31, 2020, RDLs year end, the trademark had a carrying value of $40,000. On this day, RDL determined that there were indications that the trademark may be impaired. RDL has estimated that the trademark could be sold for $25,000, net of disposal costs. The value in use of the trademark is $31,000. According to IAS 36, what is the impairment loss to be recorded on the trademark on December 31, 2020?

Question 5 options: A-$0 B-$9,000 C-$15,000 D-$19,000