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Jersey plc has a division with the following balances in its Statement of financial position. The division is considered to be a cash generating unit.

Jersey plc has a division with the following balances in its Statement of financial position. The division is considered to be a cash generating unit. Carrying amount 000 Goodwill 640 Plant 1,000 Building 2,260 Intangible assets 800 4,700 A decline in business due to COVID has caused Jersey to conduct an impairment review. The recoverable amount is found to be 3.7million. A recent valuation of the building found it had a market value of 2.5m. To the nearest thousand, what is the balance on the Intangible assets following the impairment review?

a. 640k

b. 630k

c. 800k

d. 729k

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