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Bovine itd has the following users in a COU Carrie 11,00 Equipment Buildi Land Goodwill 1,190 1 14,210 The recoverable amount has been determined to
Bovine itd has the following users in a COU Carrie 11,00 Equipment Buildi Land Goodwill 1,190 1 14,210 The recoverable amount has been determined to be $3.230. The separate fair value less costs to sell for land is $1090, no other assets could be separately valued Required: 1. Allocate the impairment loss to individual assets and calculate the net book value of each asset after the impairment (Enter answers In thousands of dollars.) Allocation of impairment Carrying Valu thousands Netbook value Proportion 3 Equipment Building Land Good 1.000 1.630 1,100 100 4230 OS 5 2. Assume that the recoverable amount recovered to $3,730 in the subsequent year. Allocate the impairment reversal to individual assets and calculate the net book value of each asset after the impairment. The separate fair value less costs to sell for land remains at $1.090. There is no concern with a celing value when assigning the recovery to building or equipment (Enter answers in thousands of dollars.) Carrying Value thousands Proportion Allocation of Impairment loss Netbook value Equipment Building Land Good 0 $ O Bovine itd has the following users in a COU Carrie 11,00 Equipment Buildi Land Goodwill 1,190 1 14,210 The recoverable amount has been determined to be $3.230. The separate fair value less costs to sell for land is $1090, no other assets could be separately valued Required: 1. Allocate the impairment loss to individual assets and calculate the net book value of each asset after the impairment (Enter answers In thousands of dollars.) Allocation of impairment Carrying Valu thousands Netbook value Proportion 3 Equipment Building Land Good 1.000 1.630 1,100 100 4230 OS 5 2. Assume that the recoverable amount recovered to $3,730 in the subsequent year. Allocate the impairment reversal to individual assets and calculate the net book value of each asset after the impairment. The separate fair value less costs to sell for land remains at $1.090. There is no concern with a celing value when assigning the recovery to building or equipment (Enter answers in thousands of dollars.) Carrying Value thousands Proportion Allocation of Impairment loss Netbook value Equipment Building Land Good 0 $ O
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