Recording Impairment Loss on Asset Held for Sale Down Manufacturing Company has a small facility called Plant XT that has not been used for several years because of low product demand. The company does not expect to use the facility in the foreseeable future. Efforts are being made to sell the plant for $630,000, but a realistic recovery amount is $360,000 (net of disposal costs). The accounting records show cost, $2,610,000; accumulated depreciation, $1,440,000. Required a. Provide the entry that Down should make to record the impairment of value. Note: If a line in a journal entry isn't required for the transaction, select "N/A" as the account names and leave the Dr. and Cr. answers blank (zero). b. What is the net book value after the entry (if any) is recorded for impairment? $