Attempting Snow Donuts and Power Steering Failure

What happens here

After driving past hay bales, the farmer attempts to do 'donuts' in the deep snow with his 4-wheel drive truck. He struggles to get the truck to slide, noting that the 4-wheel drive provides too much traction. He switches to 2-wheel drive to try again. During the attempt, a loud squeak is heard, indicating a broken power steering belt. He gets out of the truck to inspect the engine compartment but doesn't immediately identify the problem.

Goal: Perform snow donuts for fun, leading to an unexpected vehicle breakdown.