Company Honda (pvt) Ltd has following transactions: Building purchased = $ 2 million ; using straight line deprecation Estimated life = 20 years Used years by building = 5 years Selling cost of building = $ 1 million Cost incurred = $ 50,000 or $ 0.05 million PV of net cash flows the building = $ 1.2 million ( alternatively ) Required: Do Journal Entry for impairment Gain / (Loss) with amounts?