Presented below is information related to equipment owned by Crane Company at December 31, 2025. Crane intends to dispose of the equipment in the coming year. It is expected that the cost of disposal will be $20.250. As of December 31. 2025, the equipment has a remaining useful life of 4 years. (a) Your answer is partially correct. Prepare the journal entry (if any) to record the impairment of the asset at December 31, 2025. (if no entry Is required, select "No entry" for the account bitles and enter O for the amounts. Credit occount titles are outomatically indented when amount is entered. Do not indent manually. List debit entry before credit entry)