Question: JK Enterprises balance sheet reported inventory amounting to $ 3 2 , 3 0 0 . The company suspects that it will only be able

JK Enterprises balance sheet reported inventory amounting to $32,300. The company suspects that it
will only be able to sell this inventory at its reported value and will have to incur further selling
expenses of $2,200. Assuming that the company follows IFRS, determine the value of the inventory
that the company should report in balance sheet

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