Study Appendix 16A. Hamlin Toy Company prepares financial statements using IFRS. It uses cost or market, whichever is lower, for its inventories. There were no sales or purchases during the periods indicated. What amount for merchandise inventories would you show on the quarterly balance sheet on the dates listednext?

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March 31, 20XI June 30, 20XI September 30, 20XI December 31, 20X1 Invoice Cost S200,000 200,000 200,000 200,000 Realizable Value S170,000 180,000 205,000) 150,000