Question: Gabba Ltd has a cash generating unit (CGU) which has the following financial information $ Buildings 495 000 Land 200 000 Equipment 180 000 Goodwill

Gabba Ltd has a cash generating unit (CGU) which has the following financial information

$

Buildings

495 000

Land

200 000

Equipment

180 000

Goodwill

200 000

Accumulated impairment - goodwill

(75 000)

Carrying amount

1 000 000

Recoverable amount

775 000

Which of the following is the amount of impairment allocated to Buildings of the CGU in accordance with AASB 136 Impairment of Assets?

Group of answer choices

$87,500

$56,571

$111,375

$10,000

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