Cullumber Corporation owns a patent that has a carrying amount of $335,000. Cullumber expects future net cash flows from this patent to total $216,000 over its remaining life of 10 years. The recoverable amount of the patent is $109,000. Assume that at the end of the year following the impairment (after recording amortization expense), the estimated recoverable amount for the patent is $135,000. Prepare Cullumber's journal entry, if needed. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit