Problem - Sun Ltd reported the following assets in its statement of financial position at 30 June 2015:

Plant                                           $2,300,000

Accumulated depreciation             (600,000)

Land                                           550,000

Franchise license                         300,000

Equipment                                  900,000

Accumulated depreciation            (340,000)

Inventory                                   220,000

Cash and cash equivalents           180,000

                                                 $3,510,000

The recoverable amount of the entity was calculated to be $2,900,000. The fair value less costs of disposal of the land was $388,000.

The journal entry to record the impairment loss of the cash generating unit at 30 June 2015 is as follows:

Dr. Impairment loss expense XXX

Cr. Accumulated depreciation - Plant YYY

Cr. Land  AAA

Cr. Accumulated amortisation - License BBB

Cr. Accumulated depreciation - Equipment   CCC

1. What is the amount of YYY? (Answer includes the effect of second-time impairment loss from Land)

2. Impairment of land

3. Second time impairment of loss re-appointment between the remaining non-current asset.