Presented below is net asset information related to the Splish Brothers Division of Santana. Inc. The purpose of the Splish Brothers 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 estimatedits future net cash flows from the project to be $440 million, Management has also recelved an offer to purchase the division for $335 million (deemed an appropriate fair value). All identifiable assets' and liabilities' book and fair value amounts are the same. (a) Preaare the journal entry to record the impairment at December 31, 2025. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titfer are autornatically indented when amount is entered. Do not indent manually List debit entry before credit entry.)