Aylmer Landscaping follows ASPE and has determined that the cash flows from individual assets of the snow removal unit cannot be measured independently. However, as an asset group it has been determined the undiscounted future cash flows expected from their use and subsequent disposal is $68,000. The discounted cash flows at their present value would be $57,000 and the fair value of the assets is $70,000. If the assets were sold at auction the auction house takes a 10% commission of any sales proceeds. The snow removal group consists of the following assets:

	Cost	Accumulated Depreciation	Carrying Amount
Truck #1	62,000	46,500	15,500
Truck #2	76,000	31,500	44,500
Tools	37,750	17,775	19,975
	175,750	95,775	79,975

Aylmer Landscaping has repeatedly turned down an offer from an unrelated third-party to purchase truck #2 for $44,500.

Required: (please round results to two decimal places)
a) Prepare the journal entry to record the impairment.

b) Record the necessary entry for impairment if Aylmer Landscaping used IFRS in preparing its financial statements.

c) Under ASPE, if there is a subsequent gain in the fair value of the asset group, how (if at all) would the gain be recorded, in other words, what account(s) are debited and credited?