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An asset has the following values:If the asset was sold for its fair value, selling...

An asset has the following values:

If the asset was sold for its fair value, selling costs of $1,500 would be incurred.

Which of the following is the value of the impairment loss to be recognised for this asset in accordance with IAS 36 Impairment of Assets?

A.

$0

B.

$300

C.

$1,200

D.

$2,000

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