SDX, an engineering entity in S-land, prepares financial statements in S$. SDX acquired 100% of PLN on 01 January Year 1. PLN operates in P-land where the currency is P$. You are the Finance Manager preparing the consolidated financial statements in S$ for the year ended 31 December Year 1. This is the first year that SDX has consolidated an overseas subsidiary and your senior manager is keen to make sure that you apply the correct translation rates to PLN's results. Exchange rates are as follows: 01 January Year 1 S$1: P$4 31 December Year 1 S$1: P$7 Average for year 31 December Year 1 S$1: P$5 The senior manager has provided some account values from PLN's trial balance. The consolidation working papers are being prepared for the year-end. Match the figures to be included in the consolidated financial statements at 31 December Year 1 to either of the exchange rates shown. Solution ReceivablesImpairmentInventoryOperating costs S$1: P$7 S$1: P$5