15. Kirby Corporation has three divisions. It purchased one division, Pritt Products, four years ago for $2 million. Unfortunately, Pritt experienced operating losses over the last three quarters. Kirby management is now reviewing the division for purposes of recognizing an impairment. The carrying value of Pritt Division's net assets, including the associated goodwill is presented below: Fair Value Assets Cash Accounts receivable Inventory PPE (net) Goodwill Liabilities $200,000 300,000 700,000 800,000 900,000 (500,000) Fair value of net assets $2,400,000 Kirby determines the fair value of Pritt Division at the time of the impairment analysis is $1,900,000.The fair value and carrying value of the assets are the same. Write the journal entry to record any impairment loss (if any). Date ACcount Debit Credit