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 Impaired? Amount Asset Amount Value in Use Fair Value (Y or N) of Loss a. Equipment $170,000 $ 130,000 $90,000 b. Trademark $350,000 $490,000 $405,000 Land $58,000 $30,000 $27,000 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 C. Journal Entry Date Accounts Debit Credit b. Trademark Journal Entry Date Accounts Debit Credit c. Land Journal Entry Date Accounts Debit Credit d. Factory building Journal Entry Date Accounts Debit Credit