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Compose Limited estimated an impairment loss of $2 500 000 against its single cash-generating unit. The carrying amounts of following CGU assets: building $3 000
Compose Limited estimated an impairment loss of $2 500 000 against its single cash-generating unit. The carrying amounts of following CGU assets: building $3 000 000; plant $1 600 000; equipment $1 400 000. The net carrying amount of the plant after allocation of the impairment loss is:
$933,334
$Nil
$1750
$817,000
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