1. Xenon Corp. purchased machinery for $900,000 on January 1st, 2023. The machinery has an estimated useful life of 10 years with no salvage value. Xenon Corp. uses the straight-line depreciation method. According to the conservatism principle, should Xenon Corp. consider impairing the machinery value for the fiscal year ending December 31st, 2023? If yes, what would be the adjusted depreciation expense?