Santee Company purchased a debt investment on June 15, 2017, and classified it as held to maturity. On December 31,2017 , the investment had a carrying value of $9,050 and a fair value of $8,450. On that date, the present value of the future cash flows from the debt investment is $8,550. On December 31,2018 , the carrying value, fair value, and present value of the future cash flows from the investment are $7,900,$7,700, and $7,700, respectively. Requirements What is the amount of the impairment lossigain in 2017 and 2018 ? Where does Santee report the impairment loss/gain? In 2017, there is an impairment of \$ At the end of 2017, the ending allowance account will have a balance of $ In 2018, the ending allowance should have a balance of $ This will require a to the allowance account of $ and a to recovery of impairment loss of $ The recovery of an impairment loss is