At Belcastel, a refrigerated truck is carried at a cost of 180,000 less 72,000 of accumulated depreciation. After losing a haulage contract, the entity estimates its fair value less costs of disposal at 76,000 and its value in use at 81,000. Determine the impairment loss to recognise.
- Cost of the truck
- 180,000
- Accumulated depreciation
- 72,000
- Fair value less costs of disposal
- 76,000
- Value in use
- 81,000