Ludd Ltd. (LL), a publicly accountable entity, has a cash-generating unit (CGU). LL is required to perform an impairment test on the CGU. LL provided the following information relating to its CGU:

Carrying value

Fair value less costs of disposal

Equipment

$ 800,000

$ 300,000

Building

1,200,000

1,100,000

Land

500,000

650,000

Goodwill

600,000

N/A

Total

$3,100,000

$2,050,000

The CGU is expected to generate cash flows of $250,000 per year for the next 10 years, after which the residual value is expected to be the value of the land only, at a fair value less costs to sell of $800,000. LL has a discount rate of 7%. Required:

A-Allocate the impairment loss to the assets of LL's CGU?