Harvard Inc.'s cash-generating unit that includes goodwill. At December 31, 2018, the assets of the company's cash-generating unit are shown as follows on the company's statement of financial position:

	Cost		Accumulated Depreciation		Net Book Value
Goodwill	$ 100,000		$ -		$ 100,000
Equipment	560,800		186,655		374,145
Building	1,002,760		607,500		395,260
Trademark	50,000		26,000		24,000
	$ 1,713,560		$ 820,155		$ 893,405

An impairment test indicates that the fair value of the company's cash-generating unit's assets is $710,000. The assets are not separable - they must be operated or sold together as a group.

Required:

1. Indicate the net book value of each asset after the write down and prepare an adjusting journal entry to record the impairment. (15 marks)
2. Assuming the net recoverable amount of the building is $380,000, what would be the write down for each asset? (5 marks) (Journal entry is not required)