For practical reasons, Distrimax determined the recoverable amount of its West Warehouse CGU by including the warehouse's trade receivables (50,000) and trade payables (30,000). The recoverable amount thus obtained is 880,000. The CGU's assets, excluding receivables, have a carrying amount of 900,000. Determine the adjusted carrying amount of the CGU and the impairment loss.
- Carrying amount of the CGU's assets, excluding receivables
- 900,000
- Trade receivables
- 50,000
- Trade payables
- 30,000
- Recoverable amount including receivables and payables
- 880,000