Recording a Tangoble Asset Impaiment

Recording a Tangible Asset Impairment A booking has d cost of $750,000 and accumulated depreciation of $125,000. The fair value of the building is estimated to be $300,000. The bullfrog is expected to inflows of $20,000 per year for the next 30 years Determine whether the bridge is impared. If it is impaired, make the journal entry necessary to record the impairment loss. If no entry is reouired, select 'No entry retired' and leave the amount boxes Wank If on amount box does not require an entry, leave it blank