At 30 June 2020, A Ltd is operating a business division identified as a separate cash generating unit (CGU) and reported the following assets in its statement of financial position:

Assets	$
Machinery (carrying amount)	65,000
Plant (cost)	250,000
Accumulated depreciation Plant	(50,000)
Goodwill	8,000
Inventory	40,000
Cash	2,000

Due to indications of impairment, A Ltd determined the fair value less cost of disposal of the CGU to be $250,000 and the value in use amounts to $272,000. The recoverable amount of the plant was $170,000. The company allocates impairment losses in accordance with AASB 136.

Required:

1. Determine if there is an impairment to the assets of the CGU.
2. Calculate the allocation of any impairment loss to the assets of the CGU and determine the adjusted carrying amount of each asset.
3. Provide appropriate journal entries for the impairment loss.