Beaver Ltd Has an Item of Plant Which Had a Cost

Multiple Choice

Beaver Ltd has an item of plant which had a cost of $2 000 000; on 30 June 20X7 its accumulated depreciation was $1,100,000 and its recoverable amount was $1,000,000.What is the carrying amount of this asset at 30 June 20X7?

A) $1,100,000
B) $1,000,000
C) $900,000
D) $2 000 000