Retail Innovations acquired a logistics hub on 1 January 20X2 for $5,000,000 with an estimated residual value of $500,000 and an estimated useful life of 25 years. The company applies the units-of-production depreciation method. Due to changes in logistics technology, the company now forecasts the following net cash inflows: $700,000 on 31 December 20X4, $650,000 on 31 December 20X5, and $600,000 on 31 December 20X6. The present values of $1 at the end of each year, using a discount rate of 7%, are: 0.93 for year 1, 0.87 for year 2, and 0.81 for year 3. Required: Perform an impairment test, calculate the impairment loss, and adjust the cash flow forecast for the next three years.