Wicker Corporation operates a manufacturing plant in California. Due to a change in business climate, an impairment test is deemed appropriate. Management has acquired the following information for the assets at the plant: Cost Accumulated depreciation Wicker's estimate of the total cash flows to be generated by selling the products manufactured at its California plant, not discounted to present value $58,500,000 26,400,000 30,000,000 The fair value of the California plant is estimated to be $24,000,000. Required: 1. Determine the amount of impairment loss, if any. 2. If a loss is indicated, where would it appear in Wicker's multiple-step income statement? 3. If a loss is indicated, prepare the entry to record the loss. 4. Repeat requirement 1, assuming that the estimated undiscounted sum of future cash flows is $27,000,000 instead of $30,000,000. 5. Repeat requirement 1, assuming that the estimated undiscounted sum of future cash flows is $34,000,000 instead of $30,000,000