On March 2, 2022, Saber Industries purchased robotic equipment to use in manufacturing electric automobiles. The equipment is being depreciated using the double declining balance method. During the 2023 year, new robotic technology was developed which is more efficient and precise in manufacturing large machinery such as cars. Some of Saber's competitors have already adopted this technology. Consequently, Saber conducts an impairment evaluation of its robotic equipment purchased in 2022. The following information was gathered during this evaluation, as of Saber's year end date of December 31, 2023: Undiscounted future cash flows $ Expected costs of disposing of the equipment $ Fair value of robotic equipment $ Present value of future cash flows (value in use) $ Cost of robotic equipment $ Accumulated depreciation on robotic equipment at December 31, 2023 $ Saber Industries follows ASPE. Required: 242,230 5,630 187,671 182,041 744,176 483,714 Determine the amount of the impairment loss, if any, for the robotic equipment for the 2023 year. Prepare an entry to record any required adjustment