Mars Company prepares its financial statements according to IFRS. As of the recent financiarearend non-current assets. The historical cost of the asset is 110,000 OMR and the accumulated depred the company has to pay a commission of 3,000 OMR. The finance department condudted a Mallu and epon (There is no any revaluations before) Which of the following is correct according to the information given in thellcase ndications and decided to make an impairment test for one of the ding to market search, the fair value of similar assets is 85,000 OMR and nithe present value of future cash flows expected from the asset is 79,000 OMR of estion Select one: O a. There is an impairment of 4,000 OMR and it must be recognized under pharedder O b. There is no impairment and no need to make any journal entre O. c. There is an impairment of 4,000 OMR and it must be recognized as an expensel O d. The company should not have conducted an impairment test aus page Alatan