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Barton Iron Ore, owns the following equipment: Carrying amount$80,000Value in use$68,000Fair value less selling costs$72,000 The recoverable amount to be used in the determination of

Barton Iron Ore, owns the following equipment:

Carrying amount$80,000Value in use$68,000Fair value less selling costs$72,000

The recoverable amount to be used in the determination of impairment is

A $72,000

B $80,000

C Cannot be determined

D $68,000

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