Based on the Following Information, What Is the Recoverable Amount

Multiple Choice

Based on the following information, what is the recoverable amount for the impairment test? $$\begin{array} { | l | r | } \hline \text { Cost } & \$ 750,000 \\\hline \text { Accumulated depreciation } & 530,000 \\\hline \text { Value in use (sum of discounted cash flows) } & 230,000 \\\hline \text { Fair value } & 240,000 \\\hline \text { Disposal costs } & 5,000 \\\hline\end{array}$$

A) $220,000
B) $230,000
C) $235,000
D) $240,000