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Question - Huff Inc. purchased a machine on July 1, 2010 for $600,000. The machine had an expected life of 10 years, a salvage value of $60,000, and was being depreciated using the straight-line method. On December 31, 2015, the company reviewed the potential of the machine and determined that its undiscounted future net cash flows totaled $300,000 and its discounted future cash flows (Fair Value) totaled $210,000. If the company does not plan to sell the machine, what should Huff record as an impairment on December 31, 2015?

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