Vaughn Corporation purchased equipment for $735000 in 2025. Two years later, the equipment, has accumulated depreciation of $221000 and Vaughn has concerns that the equipment has been impaired. Future cash flows are estimated to be $492000. The controller believes the current fair value of the equipment to be approximately $432000. The journal entry to record the impairment loss on the equipment will include O credit to Loss on Impairment for $82000. O credit to Accumulated Depreciation - Equipment for $82000. no impairment has occurred, so no journal entry is required. credit to Accumulated Depreciation - Equipment for $22000.