Oriole Inc. manufactures miniature circuit boards used in smartphones. On June 5, 2021, Oriole purchased a circuit board stamping machine at a retail price of $18,000. Oriole paid 5% sales tax on this purchase and hired a contractor to build a specially wired platform for the machine for $1,900, to meet safety requirements. Oriole estimated the machine would have a 5-year useful life, with a residual value of $2,200 at the end of 5 years. Oriole uses straight-line depreciation and employs the "half-year" convention in accounting for partial-year depreciation. Oriole's fiscal year ends on December 31 and follows ASPE. During 2023, Oriole's circuit board business is experiencing significant competition from companies with more advanced low-heat circuit boards. As a result, at June 30, 2023, Oriole conducts an impairment evaluation of the stamping machine purchased in 2021. Oriole determines that undiscounted future cash flows for the machine are estimated to be $11,460 and the fair value of the machine, based on prices in the re-sale market, to be $10,260. Prepare the journal entry to record an impairment, if any, on the stamping machine. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required. select "No Entry" for the account titles and enter 0 for the amounts. List debit entry before credit entry.) count Titles and Explanation oss on Impairment ccumulated Impairment Losses-Machinery Debit Credit