system will not accept loss on impairment or bad debr expense for debit entry

Bridgeport Corporation has municipal bonds classified as a held-to-maturity at December 31, 2020. These bonds have a par value of $804,000, an amortized cost of $804,000, and a fair value of $729,000. The company believes that impairment accounting is now appropriate for these bonds. (a) Your answer is partially correct. Prepare the journal entry to recognize the impairment. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Account Titles and Explanation Debit Credit Bad Debt Expeme 75.000 75.000 Debit investments To record the impairment.)