Sweet Tooth SA$$s cash generating unit ChocBar is carried at the following values on $31$ December $2017$:

Goodwill $70000$

Buildings $500000$

Equipment $30000$

Land $250000$

Fittings $150000$

Unfinished Goods $30000$

The fair value less costs of disposal of the building is $495000.$ The company identifies an impairment loss of $100000$ for the cash generating unit ChocBar.

 

 

Required:

Prepare any journal entries related to the impairment of the cash generating unit.