a. Ken is a consultant and he has just secured a new job with Client Z, a PLC within the tourism and travel industry in which his task is to determine of any impairment impacting Client Z due to the global pandemic of Covid-19. Ken is then tasked to educate and train 100 of its employees in the implementation of MERS 136 - Impairment of Assets. You are the junior consultant in charge of preparing the training materials and slides for the 100 employees in which you would need to describe in detail the following terms in order to implement MERS 136 - Impairment of Assets successfully: i. Impairment loss (1 mark) Carrying amount (1 mark) Cash Generating Unit (1 mark) The measurement of the recoverable amount of an asset (2 marks) ii. iv. b. Furthermore, Client Z holds an items of fixtures and fittings which is believed to be impaired as follows: The fixtures and fittings are held at historical cost The carrying amount of the fixtures and fittings is RM 10,500 The fair value of the fixtures and fittings is RM 10,000, the cost of selling is RM 500 The value in use of the fixtures and fittings is estimated to be RM 9,000 Required: Determine whether the fixtures and fittings are impaired and if so, calculate the impairment loss under MFRS 136 - Impairment of Assets. The asset has been previously revalued