QUESTION 9 Tiny Tim Corporation operates several factories that manufacture sleighs. Recent blizzards in the northwest have made it difficult to obtain the materials necessary to construct the sleighs, causing significant cost overruns. As a result, management feels that the $10 million book value of the assets of one of Tim's factories may not be recoverable. Management estimates that undiscounted future cash flows related to the factory will be $8 million. The fair value of the factory's assets is estimated to be $5 million. If an Impairment has occurred. prepare the entry to record it: TT T Arial 3 (12pt) T E E . Ple's Words:0