Jorg Top Menswear, Lid. reported no plant and equipment of $1,618,000. These assets cost $2.500.000 with accumulated depreciation taken to date of $690.000. Based on recently assessed negative evidence, Jorg Tops management concluded that its plant assets might be impared Jorg Top estimates total expected futuro cash flows from the use of the assets as only $1,308,000 and appraises the fair value of the assets at $1,010,000. Are the company's assets impaired? If there is an imparment loss, prepare the journal entry necessary to record the impament Conduct the impairment test for plant and equipment at the end of the year to determine whether Jorg Top Menswear's assets are impaired Plant and Step 1: Equipment Impairmendowed Now, complete step 2 of the impairment lost for plant and equipment Select whether stop 2 of the lost is required on the first line. If the best is not required, love all remaining cells in that column bank However, if the test is required, but no impairments , then leave only the moment loss input Collblank in that column) Step 2 Step 2 required Choose from any ist or enter any number in the input fields and then continue to the next