Assume that Darcy Industries had the following inventory values.Inventory cost (on December 31, 2012)$1,500 Inventory market (on December 31, 2012)$1,350 Inventory net realizable value (on December 31, 2012)$1,320 Under IFRS, what is the inventory carrying value on December 31, 2012?(a) $1,500.(b) $1,570.(c) $1,560.(d) $1,320.
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Assume that Darcy Industries had the following inventory values.
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