At the end of 2023, Flint Corporation owns a licence with a carrying amount of $541,000. Flint expects undiscounted future cash flows from this licence to total $546,300. The licence's fair value is $435,600 and disposal costs are estimated to be nil. The licence's discounted cash flows (that is, value in use) are estimated to be $489,700. Assume that the licence was granted in perpetuity and has an indefinite life, and that Flint prepares financial statements in accordance with ASPE. Assume that the licence was granted in perpetuity and has an indefinite life. Determine if the licence is impaired at the end of 2023. The licence v at the end of 2023. Prepare any related entry that is necessary