how to apply the haighlight part to fell in the this prosses belowe under IAS 36 of impairment loss of plant and equpment

Example: Determination and Measurement of Impairment Loss At December 31, Year 1, Toca Company has specialized equipment with the following

Carrying amount. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $(............)

Selling price . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ (...........)

Costs of disposal . . . . . . . . . . . . . . . . . . . . . . . . . . . ... $(...........)

Expected future cash flows . . . . . . . . . . . . . . . . . . . . . ........$(...........)

Present value of expected future cash flows. . . . . . ... . . $(............)

In applying IAS 36, the assets recoverable amount would be determined as follows:

Net selling price . . . . . . . . . . . . . . . . . . . $(...........) (...........) = $(...........)

Value in use. . . . . . . . . . . . . . . . . . . . . .. .$(..........)

Recoverable amount (greater of the two) ...$(......)

The determination and measurement of impairment loss would be:

Carrying amount. . . . . . . . . . . . . . . . . . . . $(.........)

Recoverable amount . . . . . . . . . . . . . . . . . $(.........)

Impairment loss . . . . . . . . . . . . . . . . . . . . . $(.........)

Impairment Loss. . . . . . . . . . . . . . . . . . . . . . . . . . . . .$(..........)

Equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $(......)

To recognize an impairment loss on equipment

Under U.S. GAAP, an impairment test would be carried out as follows:

Carrying value. . . . . . . . . . . . . . . . . . . . . . . . . . . $(.........)

Expected future cash flows (undiscounted). . . . . . $(........)

Because expected future cash flows exceed the assets carrying value, no impairment is deemed to exist. The asset would be reported on the December 31, Year 1, balance sheet at $(..........)