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KE On January 1, the wholly-owned Mexican affiliate of a Canadian percent company acquired an inventory of computer hard drives for its assembly operation. The

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KE On January 1, the wholly-owned Mexican affiliate of a Canadian percent company acquired an inventory of computer hard drives for its assembly operation. The cost incurred was 209000 pesos when the exchange rate was MXN 11.3=C$1. By year-end, the Mexican affiliate had used three-fourths of the acquired hard drives. Due to advance in hardware technology, the remaining inventory was marked down to its net realizable value of MXN 18000. The year- end exchange rate was MXN 11.9 = C$1. The average rate during the year was MXN 11.1 = C$1. Translate the ending inventory to Canadian dollars assuming the Mexican affiliate's functional currency is the Mexican peso

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