The following information was taken from the accounts receivable records of Marigold Corporation as at December 31, 2023: Marigold follows IFRS. Prepare the year-end adjusting entry for loss on impairment, assuming the Allowance for expected credit losses had a credit balance of $1,160 prior to the adjustment. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.)