Jazz Ltd$\text{'}$s head office building was revalued on $1$ July $2017,$ giving rise to a surplus of GH$100,000.$ The building had an original cost of GH$1,000,000$ on $1$ January $2010$ and a $50-$year life at that date. The useful life of the building remains unchanged. What amount should be charged as depreciation on the building for the year ended $31$ December $2017?$

A$.$ GH&$22,300$

$($B$.)$ GH&$22,128$

C$.$ GH$22,000$

D$.$ GHc $21,176$

When carrying out an impairment review, assets are measured at their recoverable amount. Which of these options describes recoverable amount?

A$.$ Higher of fair value less costs of disposal and value in use

$($B$.)$ Higher of carrying amount and fair value less costs of disposal

C$.$ Lower of fair value less costs of disposal and value in use

D$.$ Lower of carrying amount and fair value less costs of disposal

In accordance with IAS $36$ Impairment of Assets, which of the following statements are true?

I. An impairment review must be carried out annually on all intangible assets.

II$.$ If the fair value less costs to sell of an asset exceed the carrying amount there is no need to calculate a value in use.

III. Impairment is charged to the statement of profit or loss unless it reverses a gain that has been recognised in equity in which case it is offset against the revaluation reserve.

A$.$ I and II only

B$.$ II and III only

C$.$ I and III only

D$.$ All of the above