Can someone assist me with my assignment ? i'm stuck Thankks

At the end of 2017, Ayayai Corporation owns a licence with a remaining life of 8 years and a carrying amount of $500,000. Ayayai expects undiscounted future cash flows from this licence to total $504,000. The licence's fair value is $396,000 and disposal costs are estimated to be nil. The licence's discounted cash flows (that is, value in use) are estimated to be $450,000. Ayayai prepares financial statements in accordance with IFRS. (a) Your answer is partially correct. Try again. Determine if the licence is impaired at the end of 2017. The licence is impaired at the end of 2017. Prepare any related entry that is necessary. (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.) Account Titles and Explanation Debit Credit x Loss on Impairment - Licences 51900 X Licenses 51900