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What is the recoverable amount of the asset

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Reference no: EM132619839

Question - The following measures relate to a non-current asset:

(i) Carrying amount $20,000

(ii) Net realisable value $18,000

(iii) Value in use $22,000

(iv) Replacement cost $50,000.

Required - What is the recoverable amount of the asset?

Reference no: EM132619839

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