food incorporated a public company has a machine that processes and packages tuna in oil this machine cannot be used for any other purpose/

Required:
1. Is the machine impaired? Provide the journal entry if there is impairment.
2. At the beginning of the following year new evidence comes out rebutting the evidence that tuna is bad for your health. In fact, studies have shown it is very healthy to eat fish. The company has also been able to package the tuna in water instead of oil. Can any previous impairment be reversed? If yes, provide the journal entry.