Instruction: For items 11 to 15, your answer must be in this format: examples 1,000; 10,000; 100,000 (the figure has comma, and no centavo) 11. Sweet Corn Inc. harvested corn with fair value of...

Extracted text: Instruction: For items 11 to 15, your answer must be in this format: examples 1,000; 10,000; 100,000 (the figure has comma, and no centavo) 11. Sweet Corn Inc. harvested corn with fair value of P700,0000 at the date of harvest. Estimated cost to sell is P20,000. At year end, it was determined that the net realizable value of the corn amounted to P660,000 and no corn has been sold at year end. At what amount shall be harvested corn be initially recognized in accordance with IAS 41 Agriculture? * Your answer th foir value of PZO0.000 at the date of