What is the carrying amount of monetary asset on December 31, 2020? (1 Point) On November l, 2020, an entity acquired on acco.mt goods from a foreign supplier at a cost of $1,000. The accounts payable are paid On January 30, 2021. On December I, 2020, an entity sold On g@ds to a foreign CCN0rner at a prke cf 51,500. The accounts receivable is collected on February 28, 2021. The entity is O*rating in Philippine economy wherein the functional currency is the Philippine Peso. The following exchange rates are provided Buying spot rate Selling spot rate November 1, 2020 Decernber 1, 2020 December 31, 2020 39 45 40 47