Suppose that Breakfast Enterprises bought some warehouses for $$30M$ that they have on their books at a value of $$26M.$ They expected to obtain rents of $$2\mathrm{.}0M$ a year for $15$ years, however they are seeing less usage due to more production in the U$.$S$.$ and they have changed their estimate to only obtaining $$1\mathrm{.}5M$ a year for $15$ years.

Which of the following is true?

A$.$ They must take an impairment write down of $$4\mathrm{.}5M$

B$.$ They must take an impairment write down of $$3\mathrm{.}5M$

C$.$ They must take an impairment write down of $$2\mathrm{.}5M$

D$.$ They do not need to take an impairment write down