The Blueberry Phone Company operates a factory to build its Crackberry phone. Technological advances by Blueberrys competitors demolished Crackberry sales. Consequently, management is evaluating the Crackberry factory for impairment as of December 31, 2014. Below are facts about the factory.

Original cost $150 million

Accumulated depreciation 65 million

Future cash flows:

2015 45 million

2016 20 million

2017 10 million

Is factory impaired? ____________ Why? ________________________________________________