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At December 31, Year 5, Aaron Co. had the following property, plant, and equipment:

Asset	Fair Value	Cost to Sell	Present Value of All Cash Flows Expected from the Asset	Sum of All Undiscounted Cash Flows Expected from the Asset	Useful Life from the Acquisition Date (Depreciation Method)	Residual Value
Equipment	$220,000	$5,000	$230,000	$255,000	6 years (Straight Line)	$0
Machine set	310,000	8,000	320,000	335,000	4 years (SYD)	0
Land	660,000	9,000	600,000	640,000

Determine the impairment losses recognized for Year 5 under U.S. GAAP and IFRS. Enter the appropriate amounts in the designated cells below. Enter all amounts as positive numbers. If the correct answer is zero, enter a zero (0).

Purchase Receipt 3 - Land
Purchase Date: 1/1/Year 3	Purchase Amount: $650,000

Purchase Receipt 2 - Machine Set
Purchase Date: 1/1/Year 5	Purchase Amount: $600,000

Purchase Receipt 1 - Equipment
Purchase Date: 7/1/Year 2	Purchase Amount: $600,000