The following information pertains to Company A's December 31, Year 4, selected items of property, plant, and equipment:

Asset	Fair value	Cost to sell the asset	Present value of sum of all cash flows expected from the asset	Sum of all undiscounted cash flows expected from the asset
1. Machine	$122,000	$3,000	$118,000	$130,000
2. Ship	$210,000	$4,000	$212,000	$230,000
3. Parcel of land	$560,000	$8,000	$480,000	$540,000

Several independent situations relating to Company A's assets occurred. Calculate Company A's Year 4 impairment losses using the information above. Enter the appropriate amounts in the associated cells. Round all amounts to the nearest dollar. If no impairment is recognized, enter a zero (0).

Situation	Year 4 impairment loss
1. The machine was purchased on July 1, Year 1, for $300,000. The useful life of the machine is 6 years with no residual value. The company depreciates the machine using the straight-line depreciation method.
2. The ship was purchased on January 1, Year 4, for $400,000. The useful life of the ship is 4 years with no residual value. The company depreciates the ship using the sum-of-the-years'-digits (SYD) depreciation method.
3. The parcel of land was purchased on January 1, Year 2, for $550,000.