The laboratory Lumen Diagnostics had impaired an amortised patent on a screening test after a competing process arrived. As this competitor has been withdrawn from the market, royalty forecasts are revised upwards and the patent's recoverable amount reaches 130,000. The patent is carried at 90,000; without the impairment, its carrying amount would be 150,000, net of amortisation. What amount of reversal should be recognised?
- Carrying amount of the patent
- 90,000
- Carrying amount without the impairment, net of amortisation
- 150,000
- New recoverable amount
- 130,000