Presented below is information related to equipment owned by Windsor Company at December 31, 2020.

The 2017 Annual Report of Tootsie Roll Industries contains the following information.

(in millions)		December 31, 2017				December 31, 2016
Total assets			$930.9				$920.1
Total liabilities			197.1				208.6
Net sales			515.7				517.4
Net income			80.7				67.2

Assume that Windsor will continue to use this asset in the future. As of December 31, 2020, 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, 2020. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered.

Prepare the journal entry to record depreciation expense for 2021. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered.

The fair value of the equipment at December 31, 2021, is $5,508,000. Prepare the journal entry (if any) necessary to record this increase in fair value.

(a)		Asset turnover (Round answer to 3 decimal places, e.g. 0.851 times.)		enter the asset turnover rounded to 4 decimal places	times
(b)		Return on assets (Round answer to 2 decimal places, e.g. 4.87%.)		enter the return on assets in percentages rounded to 2 decimal places	%
(c)		Profit margin on sales (Round answer to 2 decimal places, e.g. 4.87%.)