The Hinkley Company has the CU as its functional currency. On 29 November 20X5 Hinkley placed an order for N$30,000 of inventories with a foreign supplier. The inventories were received by Hinkley on 15 December 20X5 and Hinkley agreed to pay the supplier in full on 27 January 20X6. The amount due to the foreign supplier was fully repaid on 27 January 20X6. The following information about exchange rates is available: 29 November 20X5 15 December 20X5 31 December 20X5 27 January 20X6 CU1 = N$2.50 CU1 = N$2.20 CU1 = N$2.40 CU1 = N$2.25 In accordance with IAS21 The effect of changes in foreign exchange rates, at what amount should the liability to the supplier be presented in the statement of financial position of Hinkley at 31 December 20X5? CU13,636 CU13,333 CU12,500 CU12,000