A Cash Generating Units (CGU) uses the COST model to measure the assets. At 30 June 2020, the carrying amounts of the assets and liabilities of the CGU are: Assets Cash Accounts Receivable Allowance for doubtful debts Inventories Factory Machinery Accumulated depreciation-machinery Buildings Accumulated depreciation - buildings Goodwill Liabilities Accounts payable Loan $10,000 $20,000 ($2,000) $40,000 $110,000 ($20,000) $210,000 ($90,000) $7,000 $15,000 $10,000 The recoverable amount of the CGU is assessed to be $200,000 for the year ended 30.6.2020. The receivables are considered to be collectable, except those considered doubtful. Buildings were purchased three years ago, and factory machinery was purchased four years ago. The CGU uses straight-line depreciation for its buildings and machinery, with residual value of zero. In the year ended 30.6.2021, the CGU increases the depreciation charge on buildings to $35,000 pa and to $6,000 pa for factory machinery. The inventories on hand at 1 July 2020 are sold by the end of the year. At 30 June 2021, the recoverable amount of the CGU is assessed to be $50,000 greater than the carrying amount of the unit. The recoverable amount of factory machinery is assessed to be $75,000. The CGU recognises a reversal of the impairment loss Q2.1 5 Points Prepare all journal entries to record the impairment of the CGU for the year ended 30 June 2020. Please select file(s) Select file(s) Q2.2 4 Points Prepare all journal entries to record the reversal of the impairment loss of the CGU for the year ended 30 June 2021. Please select fiets) Select files)