Question: Supreme chemical and detergent LLC gives following estimates of cash flows relating to property plant and equipment (PPE) as on 31-03-2014. The risk free rate of return stood 15%. The estimated cash flows from the PPE are as follows: Property, plant and equipment was purchased on 1-1-2011 for 20000. The estimated life of PPE was 8 years. The residual value at the end of 8 years stood 500 . The fair value of the PPE was 11500 and the cost to dispose PPE was 1500 . Considering IAS 36, You are required to find the following: a) Carrying amount b) Value in use c) Recoverable amount d) Impairment loss e) Revised carrying amount