Question: D Question 7 Physical Distancing Co. (PDC) has determined its December 31, 2020 inventory cost is $240.000. Information pertaining to that inventory follows: Estimated selling

D Question 7 Physical Distancing Co. ("PDC") has determined its December 31, 2020 inventory cost is $240.000. Information pertaining to that inventory follows: Estimated selling price $260,000 Normal profit margin 20% Commissions to salespeople By how much should PDC impair its inventory as of December 31, 2020? Do not use commas, symbols/units (es. S. Xlor spaces in your answers. For example, one thousand five hundred and twenty three dollars should be entered os 1523. The Canvas system may enter a comma for you. That is fine. Leave it 5%

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