why was it multiplied by 2?

P11-9(L03) (Impairment) Roland Company uses special strapping equipment in its packaging business. The equipment purchased in January 2016 for $10,000,000 and had an estimated useful life of 8 years with no salvage value. At December 31, 2017, new techrology was introduced that would accelerate the obsolescence of Roland's equipment. Roland's controller estimates that expected future net cash flows on the equipment will be $6,300,000 and that the fair value of the equipment is $5,600,000. Roland intends to continue using the equipment, but it is estimated that the remaining useful life is 4 years. Roland uses straight-line depreciation. was Instructions (a) Prepare the journal entry (if any) to record the impairment at December 31, 2017. (b) Prepare any journal entries for the equipment at December 31, 2018. The fair value of the equipment at December 31, 2018, is estimated to be $5,900,000. (c) Repeat the requirements for (a) and (b), assuming that Roland intends to dispose of the equipment and that it has not been disposed of as of December 31, 2018. Carrying value of asset: $10,000,000 $7,500,000 $2,500,000* *($10,000,000 8) X 2 Carrying value Future cash ($6,300,000) flows ($7,500,000)