Bonita Landscaping Limited has determined that its lawn maintenance division is a cash-generating unit under IFRS. The carrying amounts of the division's assets at December 31, 2017, are as follows:

Land:$34,000

Building:64,000

Equipment 43,000

Trucks 25,000

$166,000

The lawn maintenance division has been assessed for impairment and it is determined that the division's value in use is $154,000, fair value less costs to sell is $121,000, and undiscounted future net cash flows is $190,000.

Determine if the cash-generating unit is impaired and prepare the journal entry, if any, to record the impairment at December 31, 2017, assuming that none of the individual assets in the division has a determinable recoverable amount. (Credit account titles are automatically 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. Do not round intermediate calculations. Round answers to 0 decimal places, e.g. 5,275.)