BuildTech invested in a production plant costing €850,000, with an estimated residual value of €55,000 and an estimated useful life of five years. The company uses the straight-line depreciation method. Due to new market information, the expected net cash inflows from the plant are €240,000 on 31 March 20X3, €190,000 on 31 March 20X4, and €180,000 on 31 March 20X5. The values of €1 at the end of each year are 0.89 for year 1, 0.82 for year 2, and 0.74 for year 3. Calculate the carrying amounts of BuildTech’s plant after applying impairment losses and prepare a detailed report on the financial implications.