G Ltd buys an asset for $100 000 which will have a scrap value of $10 000 after ten years of useful life. 3 points current fair value less costs of disposal is $66 000. It is depreciated on a straight-line basis over its useful life. At the end of year 3 of use an impairment review indicates the assets value in use is $60 000 and its The asset value is adjusted for the impairment loss. What will be the depreciation charge in the following year? 55 600 57 142 68 000 0 59 428 A Moving to another question w I IRIS@Curtin