For each of the following capital assets, determine if the asset is impaired according to IFRS and,
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Asset Carrying amount Value in use Fair value less cost to sell $18,00,00 $2300,00 a. Apartment building b. Patent c. Assembly line d. Service centre 7,000,000 25,000,000 4,500,000 3,250,000 12,750,000 6,000,000 S20,500,000 2,500,00 18,000,000 6,250,000
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