A printing company, Typhanie, impaired a rotary press at the end of 20X1; its carrying amount now stands at 150,000. The residual value is 30,000 and the remaining useful life is 5 years. Record the straight-line depreciation entry for 20X2.
- Carrying amount after impairment
- 150,000
- Residual value
- 30,000
- Remaining useful life
- 5