Kerlan owns a bottling line with a carrying amount of 800,000. Its fair value, determined under IFRS 13 and given as a datum, is 780,000; the costs of disposal of a sale are estimated at 30,000. The value in use calculated by management amounts to 720,000. Determine fair value less costs of disposal, then the recoverable amount of the line.
- Carrying amount of the line
- 800,000
- Fair value (IFRS 13, given)
- 780,000
- Costs of disposal
- 30,000
- Value in use
- 720,000