Potters Ltd has determined that its fine china division is a CGU. The carrying amounts of the assets at 30 June 2016 are as follows:   Factory $210 000 Land 150 000 Equipment 120 000 Inventories 60 000   Potters Ltd calculated the value in use of the division to be $510 000.   Required: Provide the necessary journal entries for the impairment loss.   Complete this too.   Carrying amount Proportion Allocation of loss Net carrying amount Factory         Land         Equipment         Total

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