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Core Ltd operates an item of plant that cost $750,000. On November 1,2018 it had an accumulated depreciation of $350,000. The plant is currently being depreciated at 15% on cost. On May 1, 2019, there was an accident at the plant which reduced its operating capacity and value to an estimated amount of $130,000. The company can however dispose of the plant for a fair value of $170,000 but there would be an additional cost of disposal of $10,000. Required Prepare extracts from the statement of financial position and income statement of Core Ltd in respect of the plant for the year ended October 31, 2019