Presented below is net asset information related to the Carlos Division of Santana, Inc.

CARLOS DIVISION NET ASSETS AS OF DECEMBER 31, 2014 (IN MILLIONS)
Cash		$60
Accounts receivable		209
Property, plant, and equipment (net)		2,603
Goodwill		214
Less: Notes payable		(2,616	)
Net assets		$470

The purpose of the Carlos Division is to develop a nuclear-powered aircraft. If successful, traveling delays associated with refueling could be substantially reduced. Many other benefits would also occur. To date, management has not had much success and is deciding whether a write-down at this time is appropriate. Management estimated its future net cash flows from the project to be $441 million. Management has also received an offer to purchase the division for $353 million. All identifiable assets and liabilities book and fair value amounts are the same.

Prepare the journal entry (if any) to record the impairment at December 31, 2014.