Urgent!!! Please help!

In 2018, Carpenter Collectables (an IFS reporter) acquired equipment at a cost of $620,000. The balance of accumulated depreciation is $340,000. The sum of the

discounted future cash flows expected from the use of this asset is $290,000 and the asset's current fair value is $250,000 before considering costs of disposal of

$5,000. What is the recoverable amount?

$280,000 $250,000 $290,000 $245,000