Sheffield Inc. purchased equipment for $2398000 in 2025 . Three years later, the equipment has accumulated depreciation of $748000 and Sheffield has concerns that the equipment has been impaired. Future cash flows are estimated to be $1575000. The current fair value of the equipment is estimated to be approximately $1413000. The journal entry to record the impairment loss on the equipment will include credit to Accumulated Depreciation - Equipment for $83000. debit to Accumulated Depreciation - Equipment for $237000. debit to Loss on Impairment for $237000. no impairment has occurred, so no journal entry is required