1. ConstructPlus purchased a production plant for £750,000, with an estimated residual value of £40,000 and an estimated life of four years. The company applies the double-declining balance depreciation method. Due to changing market demands, the expected net cash inflows are £210,000 on 30 June 20X3, £170,000 on 30 June 20X4, and £160,000 on 30 June 20X5. The values of £1 at the end of each year are 0.93 for year 1, 0.86 for year 2, and 0.80 for year 3. Calculate the carrying amounts of ConstructPlus's plant after applying impairment losses, prepare the equity statement, and assess any necessary impairment.