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How much is the gain on reversal on inventory writedown? Question Completion Status Moving to another question will save this response. Question 3 of 16

image text in transcribedHow much is the gain on reversal on inventory writedown?

Question Completion Status Moving to another question will save this response. Question 3 of 16 2 Question 3 2 points Save Anne Lakers Company installs replacement siding, windows, and louvered glass doors for family homes. At December 31, 2019. the balance of inventory account was P750.000, and the allowance for inventory writedown was P45,000. The inventory cost and other data at December 31, 2019, are as follows: (amounts in thousands) Estimated Replacement Estimated Selling Scost of Normal Cost Price Profit disposal Item A 158 9 8 160 B C Cost 155 150 215 230 750 148 158 228 117 651 12 9 12 17 20 58 218 225 761 D Total 10 39 How much is the gain on reversal on inventory writedown? Write al digits in your final

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