Pallmall Company Has a Truck That Was Purchased in Prior

Pallmall Company has a truck that was purchased in prior years for $60,000.At the end of 2014,there is $30,000 of accumulated depreciation.The value of the truck has been impaired,and its remaining value is now estimated at $18,000.When Pallmall adjusts for the loss of value,how much will the loss on impairment be?

A) $6,000
B) $12,000
C) $18,000
D) $42,000