In 2010,Bambung Corporation acquired production machinery at a cost of £410,000,which now has a book value of £190,000.The undiscounted cash flows from use of the machinery is £175,000.and it's fair value in use is £155,000.What amount should Bambung recognize as a loss on impairment?
A) £35,000
B) £20,000
C) £15,000
D) -0-
Correct Answer:
Verified
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