Part a is done!! Part b is tricky! Please help

Nash Company acquired equipment on January 1, 2019, for $12,960. Nash elects to value this class of equipment using revaluation accounting. This equipment is being depreciated on a straight-line basis over its 6-year useful life. There is no residual value at the end of the 6-year period. The appraised value of the equipment approximates the carrying amount at December 31, 2019 and 2021. On December 31, 2020, the fair value of the equipment is determined to be $7,280. (a) Your Answer Correct Answer (Used) - Your answer is partially correct. Prepare the journal entries for 2019 related to the equipment. (If no entry is required, select "No entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) te Account Titles and Explanation Debit Credit Equipment 12960 Cash 12960 31. Depreciation Expense 2160 Equipment 2160 (b) Your answer is partially correct. Prepare the journal entries for 2020 related to the equipment. (If no entry is required, select "No entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Depreciation Expense 2160 Accumulated Depreciation Equipment 2160 (To record depreciation expense) 1,360 (To record the impairment of the asset) e Textbook and Media List of Accounts Assistance Used