At the end of 2023 , Sarasota Corporation owns a licence with a remaining life of 10 years and a carrying amount of $516.000. \$arasota expects undiscounted future cash flows from this licence to total $521.400 The licence's fair value is $.111.200 and disposal costs are estimated to be nil. The licence's discounted cash flows (that is, value in use) are estimated to be 5460,300 . Sarasota prepares financial statements in accordance with IFRS. 6. Your answer is incorrect. Determine if the licence is impaired at the end of 2023 The licence at the end of 2023 . Prepare any related entry that is nocessary. (Ciedit account titles are outomoticaily indented when the amount is entered. Do not indent manually. If no entry is required, select 'No Entry' for the account titles and enter O for the amounts. List debit entry before credit entry) Assume the recoverable amount is calculated to be $439,400 at the end of 2024 . Determine if the licence is impaired at the end of 2024. The licence at the end of 2024 . Prepare any related entry that is necessary. (Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List debit entry before credit entry.)