mrem Editing 1516819 10 11 12 13 14 15 16 17 Name: Younan gadelkarim Date: Grade: Question 1 6 pts AAA has a specialized equipment with a carrying amount of $50,000 and a selling price of $40,000. If AAA keeps this equipment, it will generate a cash flow of $55,000 with a present value of $46,000. On the other hand, if AAA wants to dispose of this asset, it will pay $1,000 to help dispose of the asset. Calculate the net selling price of the equipment. 40,000+1, What is the recoverable amount of this equipment? Present value is 46,000 3. Would this equipment be subject to an impairment loss or gain? By how much? it will be impairment loss by 4,000 46,000 50,000 =1000 Class AAA has a specialized equipment with a carrying amount of $50,000 and a selling price of $40,000. IFAAA keeps this equipment, it will generate a cash flow of $55,000 with a present value of $46,000. On the other hand, if AAA wants to dispose of this asset, it will pay $1,000 to help dispose of the asset. . Calculate the net selling price of the equipment