Information has been collected regarding Orange Company's cash$-$generating unit that includes goodwill. At $31$ December $20$X$5,$ the

assets of the Orange Company's cash$-$generating unit are shown as follows $($in millions$)$ on the company's SFP:

An impairment test indicates that the recoverable amount assigned to the assets of this CGU is $$4,550$ million. The assets are not

separable$-$they must be operated or sold together as a group.

Required:

Prepare an adjusting journal entry to record the impairment. $($If no entry is required for a transaction$/$event$,$ select $"$No journal

entry required" in the first account field. Round your intermediate percentage answers to the nearest whole number $($i$.$e$.0\mathrm{.}12$

should be considered as $12\%)$ and final answers to the nearest whole dollar amount. Enter the amounts in millions.$)$

Journal entry worksheet

Record the adjusting entry for impairment of all the assets in the group.

Note: Enter debits before credits.