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Haskell Corporation has determined its year-end inventory on a FIFO basis to be 5805,000. Information pertaining to that inventory is as follows: Selling price Costs

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Haskell Corporation has determined its year-end inventory on a FIFO basis to be 5805,000. Information pertaining to that inventory is as follows: Selling price Costs to sell Replacement cost $835,000 45,000 775,000 What should be the reported value of Haskel's inventory If the company prepares its financial statements according to International Financial Reporting Standards (IFRS)? Multiple Choice $790,000 5775.000 5805,000 Multiple Choice $790,000 $775,000 $805,000 $710,000

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