Aubrel disposes of a building classified as held for sale and measured at 480,000. The sale price is 515,000 and the costs to sell, paid at the disposal, are 15,000. Calculate the gain on disposal recognised on derecognition.
- Sale price
- 515,000
- Costs to sell paid
- 15,000
- Carrying amount of the building (measured amount)
- 480,000