AC Limited operates several skin care and health training programs and has conducted an impairment test on its cash-generating unit in respect of its skin care program session. While AC Limited estimates that the recoverable amount of the session is around $2,300 million, the carrying amounts of the session's assets are as follows: Property, plant and equipment, at depreciated cost Intangible assets, at amortised cost Carrying amount $million 1,000 800 300 240 500 Investment property, at fair value Financial assets (Bonds and Equity Inv), at fair value Trade receivables, at amortised cost Including in the intangible assets, a patent with the carrying amount of $400 million is held to satisfy a firm sales contract for a selling value of $500 million. The amount of trade receivables is considered as fully recoverable. Required: Calculate and allocate the impairment loss to individual assets and suggest journal entries for AC Limited. For any item that will be included in the statement of profit or loss and other comprehensive income, please indicate whether it is profit or loss item (P/L) or other comprehensive income item (OCI). Round up your answers in million, no decimal place is required. AC Limited operates several skin care and health training programs and has conducted an impairment test on its cash-generating unit in respect of its skin care program session. While AC Limited estimates that the recoverable amount of the session is around $2,300 million, the carrying amounts of the session's assets are as follows: Property, plant and equipment, at depreciated cost Intangible assets, at amortised cost Carrying amount $million 1,000 800 300 240 500 Investment property, at fair value Financial assets (Bonds and Equity Inv), at fair value Trade receivables, at amortised cost Including in the intangible assets, a patent with the carrying amount of $400 million is held to satisfy a firm sales contract for a selling value of $500 million. The amount of trade receivables is considered as fully recoverable. Required: Calculate and allocate the impairment loss to individual assets and suggest journal entries for AC Limited. For any item that will be included in the statement of profit or loss and other comprehensive income, please indicate whether it is profit or loss item (P/L) or other comprehensive income item (OCI). Round up your answers in million, no decimal place is required