Pink Ltd acquired a machine for $420,000 on 1 July 2017 . The machine had a useful life of five years and was depreciated on a straightline basis with no disposal value. Pink Ltd adopted the cost model for accounting for assets in this class. Indicators of impairment and/or indicators of a reversal of impairment losses were identified on 30 June 2018 and 30 June 2020 . The estimates of the value of the machine at the end of financial periods were shown as below: Do not include commas and dollar sign (\$) in your answer. Present \$1,000 as 1000. -What is the recoverable amount of the machine on 30 June 2018? - What is the carrying amount of the machine on 30 June 2018? -What is the amount of impairment loss for that machine that the firm should record on 30 June 2018 ? - Upon consideration of a reversal of impairment losses, what is the ceiling on the carrying amount of the machine on 30 June 2020