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Prepare the journal entry (if any) to record the impairment of the asset December 31, 2025 Presented below is information related to equipment owned by

Prepare the journal entry (if any) to record the impairment of the asset December 31, 2025
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Presented below is information related to equipment owned by Waterway Company at December 31, 2025. Assume that Waterway will continue to use this asset in the future. As of December 31, 2025, the equipment has a remaining useful life of 4 years

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