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How much is the carrying amount of asset one

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Maroon Company has determined that one of its cash-generating units (CGUs) has sustained an impairment loss of P50,000. The carrying amounts of the assets within the CGU are as follows:

Asset 1         P150,000
Asset 2           200,000
Asset 3            50,000
Total               P400,000

Problem 1: The estimated fair value less costs of disposal of Asset 2 is P190,000, which is greater than its value in use. How much is the carrying amount of Asset 1 after impairment loss is recognized?

Reference no: EM132983856

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