10. The replacement of a major component increased the productive capacity of production equipment from tu units per hour to 18 anits per hour. The expenditure should be debited 10: A. Repairs. B. Equipment. C. Maintenance. D. Gain from repairs. 11. According to International Financial Reporting Standards, the level of testing for goodwill impairment is the: I PRS Reporting me B. Subsidiary companies C. Cash-generating unit. D. None of the above. - Waleed Co. owns equipment for which it paid KD 70 million. At the end of 2013, it had accumulated depreciation on the equipment of KD 12 million. Due to adverse economic conditions, Waleed's management determined that it should assess whether an umpairment should be recognized for the equipment. The estimated discounted future cash flows to be provided by the equipment total KD 60 million, and the equipment's fair Walue less selling costs at that point is KD 50 million. Under these circumstances, 60470 -1224. h Would record no impairment loss on the equipment. Would record an KD 8 million impairment loss on the equipment. L a Would record AKD 20 million impairment loss on the equipment, Waleed