Sydney Ltd reported the following assets in its statement of financial position at 30 June 2020:

Assets	Carrying Amount
Plant	$600 000
Land	300 000
Patent	220 000
Office equipment	260 000
Inventory	400 000
	$1 780 000

The recoverable amount of the entity was calculated to be $1 660 000. The fair value less costs of disposal of the land was $280 913.

Required:

Prepare the journal entry for any impairment loss at 30 June 2020.