Presented below is information related to equipment owned by Grouper Company at December 31, 2017. Assume that Grouper will continue to use this asset in the future. As of December 31, 2017, the equipment has a remaining useful life of 5 years. Prepare the journal entry (if any) to record the impairment of the asset at December 31, 2017. (If no entry is required, select "No entry" for tl for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Prepare the journal entry to record depreciation expense for 2018. (If no entry is required, select account titles are automatically indented when amount is entered. Do not indent manually The fair value of the equipment at December 31, 2018 is $5, 916,000. Prepare the journal entry (if any) necessary to record this increase in fair value. select "No entry" for the account titles and enter 0 for the amounts, Credit account titles are automatically indented when amount is manually.)