Branston owns plant that cost 2,400,000 and had accumulated depreciation of 800,000 at 31 December 2009. It has been depreciated straight line over 6 years. On 01 July 2010 the plant was damaged when part of the roof collapsed and it has not been possible to repair it fully. It can still be operated but runs much more slowly than previously and its remaining useful economic life has been reduced to 3 years from the date of the accident. The estimated value in use is 300,000 and it has a resale value of 250,000. It would cost 40,000 to clean, remove and deliver the plant to a potential customer Required: With reference to the requirements of IAS/IFRS, describe how the plant should be recorded in the financial statements