Problem Solving Question I (10 pts) Hector company has the following accounts receivables. (1) Individually significant receivables AAA company BBB company $100 $200 $1,000 (2) All other receivables Hector determines that AAA's receivable is impaired by $70 but BBB's receivable is not appropriate to considered impaired. Hector also determines a composite rate of 5% is measure impairment on all other receivables. Please answer the following questions. (1) What is the total impairment amount under IFRS? (3 pts) (2) Prepare the journal entry for this impairment under IFRS. (4 pts) (3) Prepare the receivable section in the balance sheet under IFRS. (3 pts)