Headland Corp. has a patent with a cost of $421,000 and accumulated amortization of $304,000, which was not used as frequently during the current year. Management has determined that undiscounted future cash flows are $114,900 while the discounted cash flows are $103.410. The fair value of the equipment is $119,700 and would cost management $3,800 to sell it. Instructions Headland Corp. has asked you, to prepare any impairment loss journal entries required under (1) IFRS and (2) ASPE. You must show all steps of the impairment process under IFRS and ASPE to get full credit for this