Ramshare Company acquired equipment at the beginning of 2011 at a cost of $100,000. The equipment has a five-year life with no expected salvage value and is depreciated on a straight-line basis. At December 31, 2011 Ramshare compiled the following information related to equipment: Expected future cash flows from use of the equipment are $85,000. Present value of expected future cash flows from use of the equipment are $75,000. Fair value (net selling price) less costs to dispose are $72,000. Determine the adjustments that Ramshare would make in 2012 to reconcile net income to stockholder's equity under U.S. GAAP to IFRS; ignore the possibility of any additional impairment at the end of 2010