Kingbird Inc owns equipment that cost $414,000 and has accumulated depreciation of $107.000. The expected future net cash flows from the use of the asset are expected to be $274,000. The fair value of the equipment is $237,000. Prepare the journal entry, if any, to record the impairment loss. (If no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically indented when amount is entered. Do not indent manually) Debit Credit Account Titles and Explanation