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on 1st jan 2001 NONA LTD purchased a machinery with cost of $100,000 with an expected useful life of 5 years. straight line method used.

on 1st jan 2001 NONA LTD purchased a machinery with cost of $100,000 with an expected useful life of 5 years. straight line method used. at the end of 2004 an impairment test took place where FV less cost to sell is $4200 and its value is $5000. how much would NONA recognize as impairment loss for the year?

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