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Amachine was purchased for USD500 000 on 1 January 2020. The expected useful life was 10 years. On 30 June 2021, there were indicators
Amachine was purchased for USD500 000 on 1 January 2020. The expected useful life was 10 years. On 30 June 2021, there were indicators to suggest that the asset was impaired. The value in use was estimated to be US0400 000 In relation to the data above, which statement(s) is (are) true? (if the asset is carried on the cost model, the maximum impairment which can be recognised is USD25000 (If the asset is carried on the cost model, the minimum impairment which can be recognised is USD25 000. The amount of impairment will be affected by the company's choice of depreciation method. Select one O at only 0 b) and () O(0) and (0 d. (ii) only only
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