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E11.18 (LO3) Presented below is information related to equipment owned by Pujols SpA at December 31. 2019. (PAGE 894) Assume that Pujols will continue to

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E11.18 (LO3) Presented below is information related to equipment owned by Pujols SpA at December 31. 2019. (PAGE 894) Assume that Pujols will continue to use this asset in the future. As of December 31,2019 , the equipment has a remaining useful life of 4 years. Instructions a. Prepare the journal entry (if any) to record the impairment of the asset at December 31 , 2019. Carrying amount (Book Value) = Cost Accumulated Depreciation

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