Presented below is information related to a copyright owned by Pharoah Company at December 31.2025. Assume that Pharoah Company will continue to use this copyright in the future. As of Cecember 31, 2025, the copyright is estimuted to have a remainine usefut life of 10 vears. (a) Prepare the journal entry to record the impairment of the asset at December 31, 2025, The company does not use accumulated amortization accounts. If no entry is required, select "No Entry" for the occount tilles and enter Ofor the amounts Credit occount tides are dutsmatically indented when amount is entered. Do not indent manualhy tist debit entry bufore credit entrys Prepare the joumal entry to record amortization expense for 2026 related to the copyrights. Wir no entry as required, selert "No indent mantially, tist debit enitry before credit entry)