At the end of 2023, Marigold Corporation owns a licence with a carrying amount of $545,000. Marigold expects undisctunted future cash flows from this licence to total $550,500. The licenxe's tair value in $439,900 and disposal costs are estimated to be nil The licenci's discointed cash flows (that is value in use) are estimated to be $486,700. Assurne that the licence was granted in perpetuity and has an indefinite life, and that Marijold prepare firanclal statements in accordance with ASPE. Assume that the licence wai granted in perpetuity and has an indefinite lite. Determine if the licence is impaired at the end ot 2023 The licence at the end of 2023 . Prepare any related entry that is necessary (Credit occount titles ore outomatically indented when the impunt is entered, Do not indent manually. If no entry is required, select "No Entry' for the occount viles and enter o for the anounts List debit entry before cresit enby) Assume the recoverable anount is calculated to be 1460,300 at the end of 2024 . Determine if the licence is irepaired at the end of 2024. The licence at the end of 2024 Prepare any related entry that is necessary iCredit occount tieles are atomatically indented when the ampunt is antered. Oo not indent