Large Mart owns a computer to track the inventory in its warehouse in Armidale. The carrying amount of the computer in the Computers account (account no 167) on 1 June 20x1 is $1,000. On 1 June 20x1, Large Mart sells the computer for $1,500, making a $500 gain on sale

Explain your decision based on the criteria that the conceptual framework uses to define the item that is created by the gain that occurred during the sale, and describe how each criterion is fulfilled by the outlined situation