Bridgeport Corp. has a patent with a cost of $448,000 and accumulated amortization of $315,000, which was not used as frequently during the current year. Management has determined that undiscounted future cash flows are $130,800 while the discounted cash flows are $117,720. The fair value of the equipment is $136,000 and would cost management $4,000 to sell it. Bridgeport Corp. has asked you, to prepare any impairment loss journal entries required under (1) IFRS and (2) ASPE. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit No. Account Titles and Explanation (1) (2)