Recording Entries for impairment of Investments-AFS Atlanta Inc holds an APS bond investment in Falcons Corporation. The amortized cost of the investment is $196.700 on December 31, 2020. Atlanta inc. estimates the fair value of the bonds to be $182.000. The unrealized loss of $14.700 is partially due to a credit loss of $11,200, with the remaining pertion due to other factors. The company adjusted the AFS bonds to fair value through OCI on December 31, 2020. Record the impairment loss on December 31, 2020, assuming that the company does not intend to sell the investment and does not believe it is more likely than not that it will be required to sell the investment before recovery of any unrealized loss Record the impairment loss on December 31, 2020, now assuming that the company irends to sell the investment Note: List multiple debits or credits twhen applicable in alphabetical onder Date Dec 31, 2020 Acuted Other Comprehensive Income 1500 M 11,300 NA Dec 31,229 Low on Impament NA NA 14.700 14,700 14.700 w ON