Pearl company owns equipment that cost $927,000 and has accumulated depreciation of $391,400. the expected future net cash flows from the use of the asset are expected to be $515,000. the fair value of the equipment is $412,000. prepare the journal entry, if any, to record the impairment loss. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented).

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.