At 1 January 20X3, a flight simulator of the Aéralis school shows a cost of 240,000, accumulated depreciation of 96,000 and accumulated impairment losses of 48,000, recognised at the end of 20X2. Its residual value is estimated at 6,000 and it has 3 years of use left. Record the straight-line charge for 20X3.
- Cost of the simulator
- 240,000
- Accumulated depreciation
- 96,000
- Accumulated impairment losses
- 48,000
- Residual value
- 6,000
- Remaining useful life
- 3