Robertson Inc. bought a machine on January 1, 2000 for $300,000. The machine had an expected life of 20 years and was expected to have a salvage value of $30,000. On July 1, 2010, the company reviewed the potential of the machine and determined that its undiscounted future net cash flows totaled $150,000 and its discounted future net cash flows totaled $105,000. If no active market exists for the machine and the company does not plan to dispose of it, what should Robertson record as an impairment loss on July 1, 2010?