QUESTION 9 Rudi Inc. owns equipment for which it paid $90 million. At the end of 2019, the equipment's accumulated depreciation was $37 million. Due to adverse economic conditions, Rudi's management determined that it should assess whether an impairment loss should be recognized for the equipment. The estimated undiscounted future cash flows to be provided by the equipment totaled $60 million, and the equipment's fair value at that point was $50 million Assuming Rudi continues using the equipment and does not hold it for sale, Rudi: KWA. Would record no impairment loss on the equipment. B. Would record a $3 million impairment loss on the equipment. WC. Would record a $7 million impairment loss on the equipment. D. Would record a $10 million impairment loss on the equipment E. None of the above