tion 22 yet wered "ked out of On January 1, 2020, Pipe Pig Inc. purchased a noncurrent asset for $5,000,000. The asset was estimated to have a useful life of 5 years and no salvage value. On December 31, 2022, the firm decided to conduct an impairment test of the asset. The asset can be sold for $1,500,000 but would cost $500,000 to sell. The asset is estimated to generate the following cash flows over its remaining two-year useful life: $500,000 and $450,000. The relevant discount rate is 10%. estion How much is the recoverable amount of this asset at December 31, 2022? How much is the carrying value of this asset at December 31, 2022? Choose... Choose... How much is the value in use of this asset at December 31, 2022? Choose... 0