Please help with journal entries for adjustments

Please show the journal entries needed to adjust to fair value where necessary.

Not long term so no adjustment Received on 2/1/2021 in return for a large service contract Terms = no interest 3 payments of 300,000 each Feb need to calculate the present value Being used for normal operations so no adjustment Weighted Average expenditures 375000 to add in capitalized interest - started and completed in 2021 No change in use Used equipment dealer quoted $82,000 - original cost $450,000 - change in use so consider impairment 10 year remaining life but changes to the broadcast spectrum - so need to consider impairment Company saves on royalties for using the broadcast spectrum on contract Without the broadcast license the royalties would be 126,000 per year (this is the future cash flows) Interest rate is 7% (rate for capitalized interest) Borrowed 800,000 on January 1,2018 with monthly payments for 15 years at 6% Need to calculate the payment and then the present value of future cash flows using new interest rate The current interest rate for Beautiful is 7%. Not long term so no adjustment Received on 2/1/2021 in return for a large service contract Terms = no interest 3 payments of 300,000 each Feb need to calculate the present value Being used for normal operations so no adjustment Weighted Average expenditures 375000 to add in capitalized interest - started and completed in 2021 No change in use Used equipment dealer quoted $82,000 - original cost $450,000 - change in use so consider impairment 10 year remaining life but changes to the broadcast spectrum - so need to consider impairment Company saves on royalties for using the broadcast spectrum on contract Without the broadcast license the royalties would be 126,000 per year (this is the future cash flows) Interest rate is 7% (rate for capitalized interest) Borrowed 800,000 on January 1,2018 with monthly payments for 15 years at 6% Need to calculate the payment and then the present value of future cash flows using new interest rate The current interest rate for Beautiful is 7%