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Haskell Corporation has determined its year-end inventory on a FIFO basis to be $819,000. Information pertaining to that inventory is as follows: Selling price
Haskell Corporation has determined its year-end inventory on a FIFO basis to be $819,000. Information pertaining to that inventory is as follows: Selling price Costs to sell $856, 52, Replacement cost 782, What should be the reported value of Haskell's inventory if the company prepares its financial statements according to International Financial Reporting Standards (IFRS)?
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