What dollar amount of impairment charge would abm report, Accounting Basics

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What dollar amount of impairment charge would abm report

Question: ABM, Co. purchases equipment for $250,000 cash. ABM management estimates a 10 year useful life and a $25,000 salvage value. At the end of the fourth year of use, management estimates the fair value of the equipment to be $62,500. What dollar amount of impairment charge would ABM report for year four?

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