Vision Ltd acquired all the assets and liabilities of Hazel Ltd on 1 January 2018. Vision Ltd’s activities were run through three separate businesses, namely Sandstone Unit, the Sapphire Unit and the Silverton Unit. These units are separate cash-generating units.

Vision Ltd allowed unit managers to effectively operate each of the units, but certain central activities were run through the cooperate office. Each unit were allocated a share of the goodwill acquired, as well as a share of the corporate office. At 31 December 2018, the assets allocated to each unit were as follows:

	Sandstone $	Sapphire $	Silverton $
Factory	820	750	460
Accumulated depreciation	(420)	(380)	(340)
Land	200*	300**	150*
Equipment	300	410	560
Accumulated depreciation	(60)	(320)	(310)
Inventory	120*	80*	100*
Goodwill	40	50	30
Corporate property	200	150	120

*these assets have carrying amount less than fair valve less costs to sell.
**this asset has a fair valve less costs to sell of $290.

Vision Ltd determined the valve in use of each of the business units at 31 December 2018.
Sandstone $ 1100
Sapphire 900
Silverton 800

Required:

Using IAS 36 to answer the following questions

i) Calculate the amount of the impairment loss, if any, for all divisions.

ii) Show the allocation of any impairment loss to all impaired divisions.

iii) Prepare the journal entries required at 31st December 2018 to account for any impairment losses.