Current Attempt in Progress Larkspur inc owns a building with a carrying amount of \$1.60 million as at January 1, 2023. On that date. Larkspur smanagement determined that the building' s location is no longer suitable for the company's operations and decided to dispose of the building by sale. Larkspur is preparing financial statements for the fiscal year ended December 31,2023 . As at that date, management had an authorized plan in place to sell the building the bullding met all criterla for classlfication as held for sale, and the buildings sestimated fair value less costs to sell was $0.48 million. The bullding's depreciation expense for 2023 would amount to $160.000. (a) Prepare the joumal entry required on December 31, 2023. (Credit occount titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts List debit entry before credit entryd