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Indigo Technologies is in the process of assessing some of its equipment for possible impairment as a result of some significant technological advancements within the industry the company operates. After some investigation Indigo determines that the equipment is indeed impaired and the company has recorded an impairment loss of $$124,000.$ The equipment's carrying value prior to the impairment loss was $$775,000.$

$($a$)$

What was the equipment's recoverable amount as determined by Indigo?

Recoverable amount $

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c$.$