The accountant of ABC Co. has collected the following information on their Equipment as at 30 June 2020: The cost of equipment is $300,000. The Accumulateddepreciationis $50,000. The Fair value less cost to sell is $200,000. The value in use is $220,000. What is impairment loss for the period? Select one: a.The impairment loss is $80,000 b.The impairment loss is $50,000 c.The impairment loss is $30,000 d.The impairment loss is $ 100,000