Spring Ltd purchased an item of equipment on $1$ July $204$ for $$2\mathrm{.}2$ million. At that time the useful life of the equipment was assessed to be $10$ years, with no residual value. Spring applies the cost model to its equipment.

On $30$ June $206$ the recoverable amount of the equipment was assessed to be $$1,460,000.$ Accordingly, an impairment loss of $$300,000$ was recognised. The remaining useful life of the equipment was assessed to be $8$ years.

On $30$ June $209($three years later$)$ the same equipment's carrying amount is $$912,500$ and its recoverable amount is $$1,150,000.$

What is the Carirying Amount of the equipment after recognition of the impairment adjustment on $30$ June $209$ in accordance with the requirements of AASB$136$ Impairment of Assets?

$$725,000$

$$1,100,000$

$$675,000$

$$1,150,000$