The following information relates to Immersive Inc:

Immersive Inc. adopts IFRS and has a $31$ December year$-$end date.

On $1$ January $20$X$3$ Immersive Inc. acquired a tract of land and a building for a lump$-$sum price of $$38\mathrm{.}6$ million; $$26\mathrm{.}8$ million was allocated to the land and $$11\mathrm{.}8$ million to the building. The building was estimated to have a useful life of $25$ years, and straight line depreciation was selected.

At the $31$ December $20$X$6$ reporting date, before recording depreciation, Immersive evaluated its assets for impairment. The fair value less costs of disposal of the land was determined to be $$25\mathrm{.}4$ million and value in use $$24\mathrm{.}9$ million. The fair value less costs of disposal of the building was determined to be $$8\mathrm{.}1$ million and value in use $$7\mathrm{.}9$ million.

At the $31$ December $20$X$9$ reporting date, before recording depreciation, Immersive evaluated its assets for impairment. The recoverable amount of land was $$27\mathrm{.}8$ million. The recoverable amount of the building was $$8\mathrm{.}2$ million.