On January 3, 2020, Mego Limited purchased 3,000 (30%) of the common shares of Sonja Corp. for $438,000. The following information is provided about the identifiable assets and liabilities of Sonja at the date of acquisition: Carrying Amount Fair Value Assets not subject to depreciation $550,000 $550,000 Assets subject to depreciation (10 years remaining) 760,000 880,000 Total identifiable assets 1,310,000 1,430,000 Liabilities 110,000 110,000 During 2020, Sonja reported the following information on its statement of comprehensive income: Income before discontinued operations $200,000 Discontinued operations (net of tax) (50,000 ) Net income and comprehensive income 150,000 Dividends declared and paid by Sonja November 15, 2020 110,000 Assume that the 30% interest is enough to make Sonja an associate of Mego, and that Mego is required to apply IFRS for its financial reporting. You are informed that Mego's long-term business prospects had deteriorated and that the most Mego could expect to recover in the future or to sell its investment in Sonja for at December 31, 2020, is $115 per share. (d) A member of senior management has approached you, a CPA, CA, informing you that instead of the shares being worth $115 per share, the shares are worth $150 each. Senior management receives a bonus based on net income. He mentions that the assumptions about long-term business prospects are too pessimistic and are not reflective of the economic reality at Sonja. You feel pressure to appease management, given that your boss is a member of senior management What should you do?