Yeng and Sons Ltd prepares financial statements to 31 May each year. On 25 January 2023, the company classifies a disposal group as held for sale. This disposal group is eventually sold in August 2023. The carrying amounts of the assets and liabilities in the disposal group at 25 January 2023 and the carrying amounts at which these assets and liabilities would have been measured at 31 May 2023 if the group had not been held for sale are as follows:

The fair value (less costs to sell) of the disposal group is £3 million at 25 January 2023 and £2.85 million at 31 May 2023. The group is sold in August 2023 for £2.8 million.(a) Calculate the amount of any impairment losses (or gains) that should be recognised at 25 January 2023 and at 31 May 2023.(b) Calculate the gain or loss arising on the sale of the disposal group.

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Goodwill Property, plant and equipment Investment properties Inventories Liabilities 25 January 2023 £000 200 2,100 700 420 (360) 31 May 2023 £000 150 1,900 760 380 (360)