Need equation on number 2.

Kane Biotech was preparing the annual financial statements and, as part of the year-end procedures, assessed the assets and prepared the following alphabetized schedule based on adjusted values at December 31, 2020: (Do not round intermediate calculations. Round final answers to nearest whole dollar.) Asset Equipment Furniture Land Office building Warehouse Date of Purchase May 1/15 Jun. 28/15 Apr. 5/15 Apr. 5/15 Apr. 5/15 No 1 Deprec. Method* Cost Units DDB N/A SL SL View transaction list View journal entry worksheet Date Dec 31, 2020 Residual Value $ 40,000 $ 5,000 12,000 85,000 77,000 55,000 2,000 N/A 17,000 10,000 Impairment loss Equipment Office building *DDB = Double-declining-balance; SL = Straight-line; Units = Units-of-production; N/A = Not applicable Required: 1. Record any impairment losses at December 31, 2020. Assume Kane Biotech has recorded no impairment losses in previous years. Useful Life 7,000 units 8 yrs N/A General Journal 15 yrs 20 yrs Accum. Deprec. $ 20,000 9,509 N/A 23,000 12,938 Recoverable Amount $ 8,000 2,950 101, 800 52,500 45, 100 Debit 13,500 Credit 12,000 1,500 (X 2. Record depreciation for each asset at December 31, 2021. Assume that there was no change in the residual values or useful lives regardless of any impairment losses that might have occurred. The equipment produced 1,800 units during 2021. No 1 2 3 4 Date Answer is not complete. General Journal December 31, 202 Depreciation expense, equipment Accumulated depreciation, equipment December 31, 202 Depreciation expense, furniture Accumulated depreciation, furniture December 31, 202 Depreciation expense, office building Accumulated depreciation, office building December 31, 202 Depreciation expense, warehouse Accumulated depreciation, warehouse Debit Credit