Question 3 (Marks: 25] Comp-IT (Pty) Ltd incurred the following expenditures during the year ended 31 December 2023. Useful ife of the intaneible asset is 5 year. On 31 December 2023 the company expected the revenue from the licenoe to decrease as the govemment gazetted new laws whereby more licenses were released into the market. This was an indication of possible impairment. Management prepared the following cash flow forecasts: The pre-tax discount rate of the compamy is 14.50% The current gross selling peice of the license in the market is a950 000 . The estimated net cost to sell is R82500 of the indrptrdent motnute of isuson (mel had and E The independunt loatitute ct Education (Foy) Ltd 2023