1. On Summary 1 year 3. While Company bought a building for Br 500,000. The building as an estimate useful life of 25 years with no residual value White uses the straight line method 11) depreciate its builting On December 31, yeur 4 the recoverable amount of the building Be 400,000) and on December 31year the recoverable amount of the building is Hr 450,000 Required: a) Calentate the amount to the recorded as inpaiment loss and show the necessary Journal entries on December 31. yeur 4 b) Record the loss reveal there is any) on December 31. year 6