Question 4. Calculate Impairment Loss Amount: A machine in vertex garments has been damaged due to factory flooding. Calculate the impairment loss amount under GAAP and IFRS based on the following information: Carrying amount = 17,000 Undiscounted Future expected cash flows: o Year 1: 3000 o Year 2:5000 o Year 3: 7000 Fair value if sold today = 15000 Cost to sell = 1500 Cost of capital for Vertex is 10% a. What is the total undiscounted future expected cash flow? b. What is the total present value of the expected future cash flows (hint: use the following formula: FV/(1+r)^n c. What is the impairment loss under IFRS? d. What is the impairinent loss under GAAP? (8) Question 5: The Spot rate (BDT/USD) increased by 6%. On the other hand, current inflation in Bangladesh is 3.5% and the price level in USA decreased by 2%. What is the change in real exchange rate (USD/BDT)? (2)