Beerbo Corporation owns a patent that has a carrying amount of $300,000. Beerbo expects future net cash flows from this patent to total $210,000. The fair value of the patent is $110,000. Is the patent impaired? (Input "yes" or "no") Prepare Beerbo's journal entry, if necessary, to record the loss on impairment. Input zero in all spaces if the patent is not impaired Beerbo has the following account titles available in its general ledger: o Cash o Supplies o Patents o Accumulated Depreciation o Depreciation Expense o Amortization Expense o Loss on Impairment Assume Beerbo has a December 31 fiscal year-end. Input dollar amounts with commas, rounded to the nearest dollar. Use appropriate account titles. DR. CR