As at 30 September 20X3 Dune’s property in its statement of financial position was: Property at cost (useful life 15 years) $45 million Accumulated depreciation $6 million On 1 April 20X4, Dune decided to sell the property. The property is being marketed by a property agent at a price of $42 million, which was considered a reasonably achievable price at that date. The expected costs to sell have been agreed at $1 million. Recent market transactions suggest that actual selling prices achieved for this type of property in the current market conditions are 10% less than the price at which they are marketed. At 30 September 20X4 the property has not been sold. At what amount should the property be reported in Dune’s statement of financial position as at 30 September 20X4?