The following information pertains to San Miguel Corp. a business operating in a diverse agricultural activity.                 Heifers                                                                  300,000                 Cows                                                                     250,000                 Breeder pigs                                                       100,000                 Dairy Cattle                                                         275,000                 mango trees                                                       425,000                 Apple trees                                                         585,000                 Grapevines                                                         318,000                 Tobacco                                                               180,000                 Sugar Cane                                                          224,000                 Picked Grapes                                                   118,000                 Picked fruits                                                       437,000                 Fruit Cocktail                                                      473,000                 Skimmed Milk                                                    282,000                 Animals in Zoo                                                   835,000                 Apples to be harvested next week            215,000                 Unprocessed Dairy Milk                                 305,000                 Butter                                                                   185,000   How much of the items shall be treated as assets under PAS 2? 423,000 1,377,000 1,444,000 2,263,000 None of the choices

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 The following information pertains to San Miguel Corp. a business operating in a diverse agricultural activity.

                Heifers                                                                  300,000

                Cows                                                                     250,000

                Breeder pigs                                                       100,000

                Dairy Cattle                                                         275,000

                mango trees                                                       425,000

                Apple trees                                                         585,000

                Grapevines                                                         318,000

                Tobacco                                                               180,000

                Sugar Cane                                                          224,000

                Picked Grapes                                                   118,000

                Picked fruits                                                       437,000

                Fruit Cocktail                                                      473,000

                Skimmed Milk                                                    282,000

                Animals in Zoo                                                   835,000

                Apples to be harvested next week            215,000

                Unprocessed Dairy Milk                                 305,000

                Butter                                                                   185,000

 

How much of the items shall be treated as assets under PAS 2?

423,000

1,377,000

1,444,000

2,263,000

None of the choices

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