A U$.$S$.$ company$$s foreign subsidiary had these amounts in local currency units $($LCU$)$ in $2017$: Cost of goods sold LCU $5,540,000$ Beginning inventory $548,000$ Ending inventory $628,000$ The average exchange rate during $2017$ was $$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 $31,2017,$ was $$1\mathrm{.}85=$ LCU $1.$ Assuming that the foreign country is highly inflationary, at what amount should the foreign subsidiary$$s cost of goods sold be reflected in the U$.$S$.$ dollar income statement? Multiple Choice $$9,437,700.$ $$5,650,000.$ $$10,452,500.$ $$8,642,700.$