please answer this question as early as possible!

Twilight Corporation is a company that follows IFRS and has a year end of October 31. Twilight Corporation owns a copyright that it purchased 3 years ago for $125,500. The accumulated amortization on this copyright to October 31, 2020 is $29,000. Other information available about the copyright on October 31, 2020 is as follows: Expected undiscounted future cash flows from the copyright for the remainder of its useful life total $102,000. The copyright has a value in use of $94,700. The fair value of the copyright is $89,800. Selling costs of $3,100 would be incurred if the copyright was sold. Required: Determine if the copyright is impaired at October 31, 2020 and prepare a journal entry to record the impairment, if required. U