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Blossom Shines Ltd., a Canadian public corporation, owns equipment for which the following year-end information is available: Carrying amount (book value) Value in use Fair

Blossom Shines Ltd., a Canadian public corporation, owns equipment for which the following year-end information is available: Carrying amount (book value) Value in use Fair value less disposal costs $130000 104800 109000 The recoverable amount to be used in the determination of impairment is O $104800. O cannot be determined from the information given. O $130000. O $109000.
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Blossom Shines Ltd., a Canadian public corporation, owns equipment for which the following year end information is available: Carrying amount (bookvalue) $130000 Value in use 104800 Fair value less disposal costs 109000 The recoverable amount to be used in the determination of impairment is $104800. cannot be determined from the information given. $130000. $109000

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