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Iron corp. had the following PP&E values on Dec. 31, 2012 Cost (PPE) $1,200 2.27 poInts Accumulated Depreciation 200 Undiscounted Future Cash Flow 980 Selling

Iron corp. had the following PP&E values on Dec. 31, 2012 Cost (PPE) $1,200 2.27 poInts Accumulated Depreciation 200 Undiscounted Future Cash Flow 980 Selling price 900 Selling cost & 01-18.39 Value-in-Use 950 Under IFRS, what is the recoverable amount of PP&E? Multiple Choice $1,000 $950 $900 $980

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