xYour answer is incorrect. Try again. Toro Co. has equipment with a carrying amount of $700,000. The expected future net cash flows from the equipment are $705,000, and its fair value is $590,000. The equipment is expected to be used in operations in the future. What amount (if any) should Toro report as an impairment to its equipment? (Enter 0 for answer if no impairment is to be reported.) Impairment to be reported Click if you would like to Show Work for this question: Open Show Work