1.

1 Cost 7,000,000
Less: Accumulated Depreciation (7M / 10 x 3) 2,100,000
Carrying amount 12/31/20 4,900,000

FV - Cost of disposal 3,500,000

Less: Carrying amount 4,900,000
Impairment loss on reclassification - 1,400,000 C

1.2 FV - cost of disposal 12/31/21 (*correction) 3,800,000

Less: Carrying amount of HFSA 3,500,000
Gain on recovery of impairment 300,000 A

1.3 Selling price 3,000,000

Less: Carrying amount 3,800,000
Loss on disposal - 800,000 A
2.1 Revalued amount 7,500,000
Less: Carrying amount 6,000,000
Revaluation surplus recognized on 1/1/20 1,500,000

FV 7,500,000
Less: Cost of disposal 200,000
FV less cost of disposal 7,300,000
Less: Carrying amount after revaluation 7,500,000
Impairment loss - 200,000 A

2.2 Carrying amount after reclassification 7,300,000 D

2.3 Selling price 8,000,000

Less: Carrying amount 7,300,000
Gain on disposal 700,000 D

2.4 Revaluation surplus before reclassification 2,000,000

Additional revaluation surplus 1,500,000
Total amount transferred to RE 3,500,000 C
3.1 Cost 4,000,000
Less: Accumulated Depreciation (4M / 8 x 2) 1,000,000
Carrying amount 12/31/20 3,000,000

FV - Cost of disposal 2,600,000

Less: Carrying amount 3,000,000
Impairment loss on reclassification - 400,000 C

3.2 Recoverable amount* (Value in use) 2,200,000

Less: Carrying amount of HFSA 2,600,000
Gain on recovery of impairment - 400,000 B

3.3 Carrying amount 1/1/22 2,200,000

Divide by remaining life (8 - 3) 5
2022 Depreciation expense 440,000 C

* The Recoverabel amount is lower than the carrying amount if it was not classified as HFSA

Cost 4,000,000
Less: Accumulated Depreciation (4M / 8 x 3) 1,500,000
Carrying amount 12/31/21 if not classified as HFS 2,500,000