ons Presented below is information related to equipment owned by Swifty Company at December 31, 2017 Cost $9,630,000 Accumulated depreciation to date 1,070,000 Expected future net cash flows 7490,000 Fair value 5,136,000 Swifty intends to dispose of the equipment in the coming year. It is expected that the cost of disposal will be $21,400. As of December 31, 2017, the equipment has a remaining useful life of 4 years Prepare the journal entry (if any) to record the impairment of the asset at December 31, 2017.(If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Dec. 31 eTextbook and Media let of Accnuntr