No 23

Question 23 1 pts As of January 1, Company A has a stock of 1,200 2 year-old cows and 400 1 year-old heifers. The Company purchased 200 1-year old heifers on July 1 for P. In addition, 100 heifers were born on July 1. The following fair value less costs to sell are provided: 1 y/o heifers, January 1 2 y/o cows, January 1 New born heifers, July 1 1 y/o heifers, July 1 New born heifers, Dec 31 6-month old heifers, Dec 31 1 y/o heifers, Dec 31 1.5 y/o heifers, Dec 31 2 y/o heifers, Dec 31 2 y/o cows, Dec 31 3 y/o cows, Dec 31 200 125 45 55 35 361 49 65 72 120 132 Determine net loss in fair value of the biological assets during the year