Charleston Ltd is in the business of manufacturing children's toys. Its operations are carried out through three operating divisions, namely the Merlin Division, the Hollow Division and the Hills Division. These divisions are separate CGUS. In accounting for any impairment losses, all central management assets are allocated to each of these divisions. At 30 June 2022, the assets allocated to each division were as follows. Merlin CGU Hollow CGU Buildings Accumulated depreciation - buildings Land Machinery Accumulated depreciation machinery Inventory Goodwill Head office assets - $ 656,000 $ 600,000 (336,000) (304,000) 160,000 240,000 240,000 328,000 (48,000) (256,000) 96,000 32,000 160,000 64,000 40,000 120,000 Hills CGU $ 368,000 (272,000) 120,000 448,000 (248,000) 80,000 24,000 96,000 In relation to land values, the land relating to the Merlin and Hills Divisions have carrying amounts less than their fair values as stand-alone assets. The land held by the Hollow Division has a fair value less costs of disposal of $234,000. Charleston Ltd determined the recoverable amount of each of the CGUS at 31 July 2022 as follows: Merlin $936,000; Hollow $720,000; Hills $640,000. Required: Prepare the journal entries for Charleston Ltd to record any impairment loss at 30 June 2022. Show all calculations