6. On January 1, 2012, the Barlow Corporation purchased equipment for $3.2 million. At the end of 2020, Barlow believes the equipment may be impaired due to technological changes. Management has acquired the following information for the equipment: Cost $3,200,000 Accumulated depreciation $2,100,000 Estimated total cash flows - undis $1,200,000 Estimated Fair value of equipmer $911,000 - a. Determine whether or not Hamlin's equipment is impaired. IMPAIRED NOT IMPAIRED b. If impaired, what is the impairment loss? c. Record the journal entry necessary to write down the equipment