A U$.$S$.$ company$$s foreign subsidiary had these amounts in local currency units $($LCU$)$ in $20$X$0$:

$$

$$

$$

Cost of goods sold

LCU

$5,540,000$

Beginning inventory

$$

$548,000$

Ending inventory

$$

$628,000$

$$

The average exchange rate during $20$X$0$ was $$1\mathrm{.}70=$ LCU $1.$ The beginning inventory was acquired when the exchange rate was $$1\mathrm{.}50=$ LCU $1.$ Ending inventory was acquired when the exchange rate was $$1\mathrm{.}80=$ LCU $1.$ The exchange rate at December $31,20$X$0,$ was $$1\mathrm{.}85=$ LCU $1.$ Assuming temporal method is applied, at what amount should the foreign subsidiary$$s cost of goods sold be reflected in the U$.$S$.$ dollar income statement?

Group of answer choices

$$5,540,000$

$$9,245,600$

$$8,423,600$

$$10,249,000$