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Bovine Ltd. has the following assets in a CGU: Equipment Building Land Goodwill Carrying Value (thousands) $ 920 1,490 1,040 100 $3,550 The recoverable amount

Bovine Ltd. has the following assets in a CGU: Equipment Building Land Goodwill Carrying Value (thousands) $ 920 1,490 1,040 100 $3,550 The recoverable amount has been determined to be $2,950. The separate fair value less costs of disposal for land is $840; 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.)
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Bovine Ltd. has the following assets in a CGU: Carrying Value (thousands) Equipment Building Land Goodwill $920 1,490 1,040 100 $3,550 The recoverable amount has been determined to be $2,950. The separate fair value less costs of disposal for land is $840; 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.)

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