Sunland Inc. is a private corporation following ASPE. On January $2,2022$ it purchased a limited$-$life licence for $$50600.$ This licence has a $10-$year life that is NOT renewable. The company uses straight$-$line amortization and on December $31,2023,$ Sunland estimates that the undiscounted net cash flows of this licence is $$38300,$ while the fair value $($discounted net future cash flows$)$ is $$34200.$ What is the impairment loss?

Nil, the asset is not impaired

$$2180$

$$6280$

$$12300$