Barton Iron Ore, Owns the Following Equipment The Recoverable Amount to Be Used in the Determination of l

Barton Iron Ore, owns the following equipment: $$\begin{array} { | l | r | } \hline \text { Carrying amount } & \$ 80,000 \\\hline \text { Value in use } & \$ 68,000 \\\hline \text { Fair value less selling costs } & \$ 72,000 \\\hline\end{array}$$ The recoverable amount to be used in the determination of impairment is

A) $80,000
B) $68,000
C) $72,000
D) Cannot be determined