Crane Company uses IFRS and owns property, plant and equipment with a historical cost of 5060000 euros. At December 31, 2019, the company reported a valuation reserve of 8570000 euros. At December 31, 2020, the property, plant and equipment was appraised at 5545000 euros. The property, plant and equipment will be reported on the December 31, 2020 statement of financial position at

8570000 euros.

9055000 euros.

5060000 euros.

5545000 euros.