Pramso Ltd has a product line producing processed cocoa beans for export. The carrying amount of the net assets employed on the line as at 31 December 2012 was GH572,000. There is an indication that the export market would be adversely affected in 2015 by competition from producers of synthetic cocoa. The Finance Director estimates the net realizable value of the net assets as at 31/12/2012 to be only GH350,000. The board of directors has approved a budget for the years ended 31/12/2013, 31/12/2014 and 31/12/2015. The assumptions underlying the budgets are: Unit costs and revenue GH Selling price Buy in cost Production cost: Materials, Labour & Overhead Head office Overhead apportioned 50 (20) (3.75) (1.25) Cash inflow per unit 25.00 2012 2013 2014 2015 Estimated sales volume at 31/12/2012 - 8000 11000 4000 The rate obtained elsewhere for companies in the same industry with similar size and risk profile (equivalent to discount factor) is 10% per annum. Required: Calculate the impairment loss if any for 31/12/2012.