Wildhorse Inc. is a private corporation following ASPE. On January $2,2022$ it purchased a limited$-$life licence for $$50900.$ This licence has a $10-$year life that is NOT renewable. The company uses straight$-$line amortization and on December $31,2023,$ Wildhorse estimates that the undiscounted net cash flows of this licence is $$38600,$ while the fair value $($discounted net future cash flows$)$ is $$34600.$ What is the impairment loss?QuestiorMultiple ChQuestiorMultiple Chi Nil, the asset is not impaired $$2120$ $$6120$ $$12300$