The abrasives group of Chemical Products Inc. (CPI) has been suffering a decline in its business, due to new product introductions by competitors. At 31 December 20X5, the assets of the abrasives cash-generating unit are shown as follows (in millions) on the companys SFP:

	Cost	Accumulated Depreciation	Net Book Value
Equipment (10-year life)	$2,350	$1,250	$1,100
Fixtures (10-year life)	1,210	240	970
Patent rights (40-year life)	800	310	490
	$4,360	$1,800	$2,560

An impairment test indicates that the recoverable amount of the abrasives cash-generating units assets is $1,660 million. The assets are not separablethey must be operated or sold together as a group. No individual asset has a determinable individual fair value less cost to sell. Required: 1. Prepare an adjusting journal entry to record the impairment. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions.)

Record the impairment.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
1	Impairment loss Abrasives group
	Accumulated amortization Patent rights
	Accumulated depreciation Equipment
	Accumulated depreciation Fixtures