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Based on the Following Information, What Is the Net Amount

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Based on the following information, what is the net amount that this equipment should be reported at on BAC's balance sheet at December 31, 2021?  Cost $500,000 Accumulated depreciation 300,000 Value in use (sum of discounted cash flows)  220,000 Fair value 240,000 Disposal costs 10,000\begin{array} { | l | r | } \hline \text { Cost } & \$ 500,000 \\\hline \text { Accumulated depreciation } & 300,000 \\\hline \text { Value in use (sum of discounted cash flows) } & 220,000 \\\hline \text { Fair value } & 240,000 \\\hline \text { Disposal costs } & 10,000 \\\hline\end{array}

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Definitions:

SBU

Strategic Business Unit; a semi-autonomous segment of a larger business or organization that operates as an independent entity.

BCG Business Portfolio

A matrix developed by the Boston Consulting Group that helps companies analyze their business units or product lines based on market growth rate and market share.

SBUs

Strategic Business Units, which are divisions or units within a company that focus on specific market segments or product lines, operating with their own planning and profit goals.

Growth-Share Matrix

A strategic business tool used to visually assess a company's product portfolio across growth potential and market share dimensions.

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