2- Presented below is information related to equipment owned by Almouj Spa at December 31, 2019. Cost OMR 10,000,000 Accumulated depreciation to date 1,000,000 Value-in-use 7,000,000 Fair value less cost of disposal 4,000,000 Assume that Almouj will continue to use this asset in the future. As of December 31, 2019, the equipment has a remaining useful life of 5 years. Instructions (a). Prepare the journal entry (if any) to record the impairment of the asset at December 31, 2019. (4 marks) (b). Prepare the journal entry to record depreciation expense for 2020