part b plz

Current Attempt in Progress Presented below is information related to copyrights owned by Crane Company at December 31,2020. Assume that Crane Company will continue to use this copyright in the future. As of December 31, 2020, the copyright is estimated to have a remaining useful life of 10 years. Vour answer is correct. Prepare the journal entry to record the impairment of the asset at December 31,2020 . The company does not use accumulated amortization accounts. (If no entry is required, select "No Entry" for the account tites and enter o for the amounts. Prepare the journal entry to record amortization expense for 2021 related to the copyrights. (If no entry is required, select "No Entry" for the account tites and enter ofor the amounts. Credit account tites are actomatically indented when amount is entered. Do not indent manually) eTextbook and Media List of Accounts Saveforlater Attempts: 1 of 4 used (c) The parts of this question must be completed in order. This part will be available when you complete the part above