Wicker Corporation operates a manufacturing plant in California. Due to a change in business climate an impairments dome appropriate Management has acquired the following information for the assets at the plant COB $5.500.000 Accumulated depreciation 26.600.000 Wicker'a matinate of the total cash flow to be generated by welling the products manufactured at California plant, not discount ont 10,000,000 value The fair value of the Califomia 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-stop 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