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final answer please On 31/12/2019 ALIS Company has equipment with initial cost of $70,000 and accumulated depreciation of $25,000 and accumulated impairment losses from previous
final answer please
On 31/12/2019 ALIS Company has equipment with initial cost of $70,000 and accumulated depreciation of $25,000 and accumulated impairment losses from previous periods was $3,000. At the same time the company computed the value in use with amount of $38,000 and the fair value was not determine because of there is no .active market Required: compute the carrying *.amount for this equipmentStep by Step Solution
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