Current Attempt in Progress Presented below is net asset information related to the Marin Division of Santana, inc. The purpose of the Marin Division is to develop a nuclear-powered aircraft. If successful, traveling delars associated with refueling could be substantially reduced. Many other benefits would also occur. To date, management has not had much success and is deciding Whether a write-down at this time is appropriate. Management estimated its future net cash flows from the project to be $430 million. Management has also received an offer to purchase the division for $335 million (deemed an appropriate fair value). All identifable assets' and liabilities' book and fair value amounts are the same. Prepare the journal entry to record the impairment at December 31, 2025, Of ro entry is requined, select "No Entry for the occount titles and enter 0 for the dmounts. Credit occount titles are outomatically indented when omount is entered. Do not indent monually. List debit entry before credit entry) eTextbook and Media List of Accounts Last sived 1 second aga. Attempts: unlimited Sawed work will be auto-submitted on the due date. Autosubmission can take up to 10 minutes. (b) The parts of this question must be completed in order. This part will be avalilable when you complete the part above