Presented below is information related to a copyright owned by Cullumber Company at December $31,2025.$

Assume that Cullumber Company will continue to use this copyright in the future. As of December $31,2025,$ the copyright is

estimated to have a remaining useful life of $10$ years.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 account titles and enter $0$ for the omounts. Credit account titles

are automatically indented when amount is entered. Do not indent manualle. List debit entry before credit entry.$)$

Account Titles and Explamation

Debit

Credit

Loss on Impairment

Copprights

eTextbook and Media

List of Accounts

Attempts: $3$ of $4$ used

$($b$)$

Prepare the journal entry to record amortization expense for $2026$ related to the copyrights. $($ff no entry is required, select $"$No

Entry for the account tities ond enter $0$ for the amounts. Credit account titles are automaticolly indented when omount is entered. Do not

indent monually List debit entry before credit entry$)$

Account Titllas and Explanation

Debit

Credit