1. Brookfield Asset Management Inc. Brookfield Asset Management Inc. Brookfield), as decibed in Note 1 to its financial statements, is a global alternative asset management company that "owns and operates asets with a focus on propaty, renewable energy, infrastructure and private equity. Brookfield's financial statements for its al period ended December 31, 2014, are at the end of this book Instructions (a) How much inventory does Brookfield have at December 31, 20 and on December 31 2013? Identify the types of inventories that the company reports on its December 31, 2014, balance sheet What do you know about these assets since they are included in the inventory category? (b) How much inventory was recognized as an expense in the year? What comments if any, can you make about the inventory held at the end of the reporting period? () Describe the accounting policies for inventory. Is there any additional information you would like to Inow