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What the recoverable amount of the machine

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Reference no: EM133005122

Question - On 30 September 2017 an impairment review was carried out on a machine. The following amounts were established in respect of the machine:

$

Carrying amount 850,000

Value in use 760,000

Fair value 850,000

Costs of disposal 30,000

Required - What the recoverable amount of the machine?

a. $850,000

b. $820,000

c. $760,000

d. $790,000

Reference no: EM133005122

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