USE THE FOLLOWING INFORMATION:

Max Corporation capitalized a patent that due to market uncertainties has declined in value. Information regarding the patent is as follows. PAY ATTENTION TO DATES. If applicable, use the nearest $\frac{1}{2}$ month when performing calculations.

Capitalization date

Capitalized Cost

Testing date for impairment

Useful Life of Patents

Depreciation Method

Expected Future Cash Flow from Use and Disposition

Fair Market Value

$13.)$ What is the amount of the impairment loss $($if any$)?$