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Calabogie Camera Shop Ltd. reports the following cost and net realizable value information for its inventory at December 31: Units Unit Cost Unit NRV 4

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Calabogie Camera Shop Ltd. reports the following cost and net realizable value information for its inventory at December 31: Units Unit Cost Unit NRV 4 $171 157 Cameras: Sony Canon Light Meters: Gossen Sekonic $158 159 8 12 141 146 10 120 116 Using the accounting equation, determine the amount by which the company's assets, liabilities, and equity will change because of the adjustments recorded in parts (b) and (c) above. (If the change is decrease enter amount using either a negative sign preceding the number eg. -45 or parentheses eg. (45). If there is no change, please enter 0. Do not leave any fields blank.) 2020 Assets Liabilities Equity

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