The trial balance of Alfa shows the following balances at 31 December 2021: Ordinary share capital (500,000 shares) General reserve Investment property Retained earnings 1 January 2021 Inventory (raw materials) at 1 January 2021 Sales Purchases Dr $000 120 20 1297 349 Purchases returns Sales returns 4 Carriage outwards 9 Work-in-progress at 1 35 January 2021 Intangible assets 342 Administrative wages 28 Machine-cost 124 Cr 5000 1 26 269 5 Accumulated depreciation 40 (machine) -1 January 2021 Delivery vehicle hire 35 Distribution expenses 22 Administrative expenses 34 Directors' salaries 92 Sales allowances Accounts payable Bank overdraft 3 394 3 Accounts receivable 381 Cash at bank 140 Land 303 2038 2038 Additional information: (1) (2) Depreciation charges of tangible and intangible assets for the year should be calculated at 10% on cost at 1 January. A fire at the factory on 31 December 2021 damaged the machine, leaving it with a lower operating capacity. The accountant considers that Alpha will need to recognise an impairment loss in relation to this damage. An equivalent new machine would cost $70,000. The machine could be sold in its current condition for a gross amount of