Current Attempt in Progress$($a$)$Prepare the journal entry $($if any$)$ to record the impairment of the asset at December $31,2014.$

$($b$)$ Prepare the journal entry $($if any$)$ to record depreciation expense for $2015.$

$($c$)$ The asset was not sold by December $31,2015.$ The fair value of the equipment on that date is

Current Attempt in ProgressAssume that Tamarisk will continue to use this asset in the future. As of December $31,2022,$ the equipment has a remaining useful life of $4$ years.$($a$)$qquadYour answer is partially correct.

Prepare the journal entry $($if any$)$ to record the impairment of the asset at December $31,2022.($If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

Date

Account Titles and Explanation

Debit

Credit