namonline ltd is a business that operates to sell their products online . it hosts its own website from a server situated on their property it has a storage warehouse for goods that still need to be delivered as well as multiple production plants that manufactures the goods which are sold online . aal production plants in the company is depreciated over a period of 5 years .

one of the plant has been puchased at cost price n$ 1000 000 and has a carrying value of n$ 800 000 on 1 january 2020. on 30 june 2020 managment decided to sell the plant within 1 year and all classification requirements in respect of the scope IFRS5 non-current assets held for sale and discontiue operations are met on this date. the fair value of the plant excluding the costs to sell is n$ 700 000 on 30 june 2020. the costs to sell the plant amounts to n$ 25 000. the financial year end is 31 december 2020

required

please calculate the carrying amount of the plant as on 30 june 2020

please determine whether an impairment loss should be recognised and at what amount the impairment loss should be , if there is an impairment loss

provide the journal entries to account the non-current assets held for sale.