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INSTRUCTIONS: 1. Use the following information to answer the questions. 2. Use only IFRS. 3. You have to show the computations to receive the grade.

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INSTRUCTIONS: 1. Use the following information to answer the questions. 2. Use only IFRS. 3. You have to show the computations to receive the grade. Questions: 1. Determine the amount of the loss (if any) in 2020.\$195 2. Determine the value of Inventory in 2020.\$205. 3. Determine the amount of the loss (if any) in 2021. SO 4. Determine the values of Inventory in 2021. \$1 0000 Show all your computations in this afea You have to show the consputationt to receive tbe grads

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