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The abrasives group of Chemical Products Inc. (CPI) has been suffering a decline in its business, due to new product introductions by competitors. At 31 December 205, the assets of the abrasives cash-generating unit are shown as follows (in millions) on the company's SFP: An impairment test indicates that the recoverable amount of the abrasives cash-generating unit's assets is $1,110 million. The assets are not separable-they must be operated or sold together as a group. No individual asset has a determinable individual fair value less cost to disposal. Required: 1. Prepare an adjusting journal entry to record the impairment. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions.) Journal entry worksheet Note: Enter debits before credits. 2. What would be the net book value of the assets after one year if no impairment was recorded? Assume that straight-line depreciation is used. (Enter your answer in millions.)