equipment, which is classified as property, plant and equipment(IAS 16) and measured using the cost model, is to be transferred to the'held for sale' classification. It has a cost of $242 000 and its accumulated depreciation to date of transfer $48 400. This asset has never been impaired. On the date of transfer: the fair value is $169 400 with estimated costs to sell of $12 100, and the value in use is $172 240. The impairment consequences are as follows: