In late July 2017, Bramble Ltd., a private company, paid $2.10 million to acquire all of the net assets of Sheffield Corp., which then became a division of Bramble. Sheffield reported the following statement of financial position at the time of acquisition:

Current assets		$415,000		Current liabilities		$300,000
Non-current assets		1,335,000		Long-term liabilities		265,000
				Shareholders equity		1,185,000
		$1,750,000				$1,750,000

It was determined at the date of the purchase that the fair value of the identifiable net assets of Sheffield was $1.70 million. Over the next six months of operations, the new division had operating losses. In addition, it now appears that it will generate substantial losses for the foreseeable future. At December 31, 2017, the fair value of the Sheffield Division is $1,900,000, and the division reports the following statement of financial position information:

Current assets		$463,000
Non-current assets (including goodwill recognized in purchase)		2,600,000
Current liabilities		(704,000	)
Long-term liabilities		(525,000	)
Net assets		$1,834,000

Prepare the journal entry to record the impairment loss, if any.