IAS 36 Impairment of Assets

**Section A** CityWater, a public utility company, operates a water treatment plant which is treated as a single Cash Generating Unit (CGU). Due to new environmental regulations, the plant's capacity has been restricted. The carrying amounts of the CGU's assets are: Goodwill $4m, Property $10m, Plant & Equipment $6m. The recoverable amount of the CGU is determined to be $15m. What is the carrying amount of the Property after allocating the impairment loss?