Cormane applies the cost model to its investment property. Original cost: 5,000,000. Accumulated depreciation at the reporting date: 600,000. Accumulated impairment losses: 150,000. Calculate the carrying amount of the property at the reporting date.
- Original cost
- 5,000,000
- Accumulated depreciation
- 600,000
- Accumulated impairment losses
- 150,000