Current Attempt in Progress At the end of 2023, Riverbed Corporation owns a licence with a remaining life of 10 years and a carrying amount of $543,000. Riverbed expects undiscounted future cash flows from this licence to total $547,600. The licence's fair value is $437,800 and disposal costs are estimated to be nil. The licence's discounted cash flows (that is, value in use) are estimated to be $490,200. Riverbed prepares financial statements in accordance with ASPE. Determine if the licence is impaired at the end of 2023. The licence at the end of 2023. 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 O for the amounts. List debit entry before credit entry.) Account Titles and Explanation eTextbook and Media Debit Credit

At the end of 2023, Riverbed Corporation owns a licence with a remaining life of 10 years and a carrying amount of $543,000. Riverbed expects undiscounted future cash flows from this licence to total $547,600, The licence's fair value is $437,800 and disposal costs are estimated to be nil. The licence's discounted cash flows (that is, value in use) are estimated to be $490,200. Riverbed prepares financial statements in accordance with ASPE. Determine if the licence is impaired at the end of 2023. The licence at the end of 2023 . Prepare any related entry that is necessary. (Credit occount titles are outomatically indented when the 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. List debit entry before credit entry)