CraneCompany uses IFRS and owns property, plant and equipment with a historical cost of5060000euros. At December 31,
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Question:
CraneCompany uses IFRS and owns property, plant and equipment with a historical cost of5060000euros. At December 31, 2019, the company reported a valuation reserve of8570000euros. At December 31, 2020, the property, plant and equipment was appraised at5545000euros.
The property, plant and equipment will be reported on the December 31, 2020 statement of financial position at
8570000euros.
9055000euros.
5060000euros.
5545000euros.
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