0 Question 6 9 pts Recommended time to complete: 14.4 minutes Suggested word length for short written answer: Approximately 150 words in total for Parts a) and b) and c) On 1 July 2018, AHP Ltd acquired a right to use the trade name "Encanto" in the Sydney area for a cost of $500,000. The legal term of the right is ten (10) years and it could be renewed continuously at an immaterial cost. AHP Ltd intends to renew the right continuously after the initial ten-year period. There is no active market for this trade name as it is very unique. The following information is provided for the trade name: Date Recoverable Amount 30 June 2019 $560,000 30 June 2020 $460,000 30 June 2021 $510,000 The following information is provided for the trade name: Date Recoverable Amount 30 June 2019 $560,000 30 June 2020 $460,000 30 June 2021 $510,000 Required: a) Determine, with reasons, what the carrying amount for the trade name was at 30 June 2019 (3 marks). b) Determine, with reasons, what the carrying amount for the trade name was at 30 June 2020 (3 marks). c) Determine, with reasons, what the carrying amount for the trade name was at 30 June 2021 (3 marks). Include all workings and ignore tax. Specific paragraph references are not required.