At December 31, 2020, Havana Company has equipment with a cost of AED15,000,000, and accumulated depreciation of AED 7,000,000. The equipment has a total useful life of four years with a residual value of AED 1,000,000. In December 2020, the company determine that the recoverable value is as follows: Fair value= 8,000,000, cost of sales= 2,000,000, value in use 6,000,000. The equipment carrying amount as at December 2020 is: OA. 15,000,000 O B. 7,000,000 OC. 3,500,000 OD. 8,000,000