For each of the following scenarios, indicate whether a long-term asset has been impaired (Y for yes and N for no) and, if so, the amount of the loss that should be recorded. Prepare any necessary journal entry. (Click the icon to view the scenarios.) (Complete all input cells. Enter a "0" to show no loss.) Carrying Amount Impaired? (Y or N) Asset Amount Value in Use Fair Value of Loss a. Equipment $210,000 $170,000 $130,000 b. Trademark $360,000 $500,000 $415,000 C. Land $50,000 $22,000 $19,000 d. Factory building $5 million $5 million $3 million Prepare the necessary journal entries for any impairment. (Record debits first, then credits. Explanations are not required. If no journal entry is required, select "No entry required" on the first line of the journal entry. Leave unused cells blank.) a. Equipment Journal Entry Choose from any list or enter any number in the input fields and then continue to the next question. For each of the following scenarios, indicate whether a long-term asset has been impaired (Y for yes and N for no) and, if so, the amount of the loss that should be recorded. Prepare any necessary journal entry. B (Click the icon to view the scenarios.) a. Equipment Journal Entry Date Accounts Debit Credit b. Trademark Journal Entry Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. For each of the following scenarios, indicate whether a long-term asset has been impaired (Y for yes and N fo no) and, if so, the amount of the loss that should be recorded. Prepare any necessary journal entry. (Click the icon to view the scenarios.) c. Land Journal Entry Date Accounts Debit Credit d. Factory building For each of the following scenarios, indicate whether a long-term asset has been impaired (Y for yes and N for no) and, if so, the amount of the loss that should be recorded. Prepare any necessary journal entry. : (Click the icon to view the scenarios.) Date Accounts Debit Credit d. Factory building Journal Entry Date Accounts Debit Credit For each of the following scenarios, indicate whether a long-term asset has been impaired (Y for yes and N for no) and, if so, the amount of the loss that should be recorded. Prepare any necessary journal entry. I click the icon to view the scenarios x i Scenarios Carrying Impaired? Amount Asset Amount Value in Use Fair Value (Y or N) of Loss a. Equipment $210,000 $170,000 $ 130,000 $415,000 b. Trademark $360,000 $50,000 $500,000 $22,000 C. Land $19,000 d. Factory building $5 million $5 million $3 million Print Done