The abrasives group of Chemical Products Inc. (CPl) has been suffering a decline in its business, due to new product introductions by competitors. At 31 December 20X5, the assets of the abrasi ves cash-generating unit are shown as follows (in millions) on the company's SFP Accumulated $180 70 $305 Cost Depreciation Net Book Value Equipment (10-year life Fixtures (10-year life) Patent rights (40-year life) $400 125 80 $220 70 10 $605 $300 An impairment test indicates that the recoverable amount of the abrasives cash-generating unit's assets is $200 million. The assets are not separable-they must be operated or sold together as a group. No individual determinable individual fair value less cost to sell. Required: 1. Prepare an adjustin select 'No journal entry required" in the first account field. Enter your answers in millions.) g journal entry to record the impairment (If no entry is required for a transaction/event, View transaction list Journal entry worksheet Record the impairment