Vibumum Berhad purchased a machine with an estimated useful Ife of 4 years on 1 April 2016. The cost of the machine was RM750,000. An impairment test was made on 30 June 2018 when its far value less cost to sel was RM300,000. The company is adopting 10% discount factors and straight line depreciation basis in their company policy. The projected cash flows in respect of the machinery were as follows: Year end 30 March Projected Cash Flows (RM) 190,000 200,000 2020 Calculate the value in use of the machinery as at 30 March 2018. (4 marks) Determine the recoverable amount of the machinery as at 30 March 2018. (2 marks) Determine whether the machine is impaired. (6 marks) Prepare the journal entries to record the impairment loss of the machine. (2 marks)