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Bovine Ltd. has the following assets in a CGU: Cam thousands) The recoverable amount has been determined to be $3,050. The separate fair value less

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Bovine Ltd. has the following assets in a CGU: Cam thousands) The recoverable amount has been determined to be $3,050. The separate fair value less costs to sell for land is $1,170; 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.) Car e Proportion thousands impairment Netbook value Ements Buning S050 2. Assume that the recoverable amount recovered to $3,150 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 $1.170. There is no concem with a ceiling value when assigning the recovery to building or equipment. (Enter answers in thousands of dollars.) Caming thousands

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