18)

18. Company has a machine used to produce a single product. The demand for the product has declined substantially since the introduction of a competing product. The following information pertains to the machine: 18,000 19,000 Carrying amount Undiscounted expected future cash flows Present value of expected future cash flows Fair value if sold Costs to sell 16,000 17,000 2,000 What would the company report for the machine under IFRS? a. 14,000. b. 15,000 c. 16,000. d. 18,000