BE3.1 (LO 1) Below are some financial statement elements and their basis of measurement for a public company that follows IFRS. Complete the third column by noting whether the basis of measurement is a cost-based measure, a current-value measure, or a hybrid measure. Explain your choice. Basis of Measurement measurement categorization Depreciated cost unless impaired Lower of cost and net realizable value Fair value less (estimated) costs to sell Amortized cost