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G Co buys an asset for $100,000 which will have a scrap value of $10,000 after 10 years of useful life. It is depreciated on a straight line basis over its useful life. At the end of year 3 of use an impairment review indicates the asset's value in use is $60,000 and its current net realisable value is $66,000. The asset value is adjusted for the impairment loss. What will be the depreciation charge in the following year? $________ |