Question 3 On 1 January Year 1 Entity Q purchased for GH240,000 a machine with an estimated useful life of 20 years and an estimated zero residual value. Depreciation is on a straight-line basis. On 1 January Year 4 an impairment review showed the machine's recoverable amount to be GH100,000 and its remaining useful life to be 10 years. Required: Calculate: a) The carrying amount of the machine on 31 December Year 3 (immediately before the impairment). b) The impairment loss recognised in the year to 31 December Year 4. c) The depreciation charge in the year to 31 December Year 4