Accessibility tab summary: Information about Compte, Incorporated is provided in rows $2$ to $22.$ Statement $1$ for student presentation is provided in row $27.$ Table $1$ for student presentation is provided in A$29$ to B$37.$ Statement $2$ for student presentation is provided in row $39.$ Table $2$ for student presentation is provided in A$41$ to B$49.$Compte, Incorporated $($a U$.$S$.-$based company$),$ establishes a subsidiary in Croatia on January $1,2023.$ The following account balances for the year ending December $31,2024,$ are stated in kuna $($K$),$ the local currency: Sales$330,000$Inventory $($bought on $3/1/24)180,000$Equipment $($bought on $1/1/23)87,500$Rent expense$23,000$Dividends $($declarded on $10/1/24)34,000$Notes receivable $($to be collected in $2027)55,000$Accumulated depreciation$$equipment$27,000$Salary payable$7,300$Depreciation expense$8,750$The following U$.$S$.$ dollar per kuna exchange rates are applicable:January $1,20230\mathrm{.}30$Average for $20230\mathrm{.}32$January $1,20240\mathrm{.}35$March $1,20240\mathrm{.}36$October $1,20240\mathrm{.}38$December $31,20240\mathrm{.}39$Average for $20240\mathrm{.}37$Required:$$Note: Use cells A$2$ to B$22$ from the given information to complete this question. For all requirements, round your answers to $2$ decimal places.a$.$ Assuming that the kuna is the functional currency, what exchange rate would be used to report each of these accounts in U$.$S$.$ dollar consolidated financial statements? Sales$$Inventory$$Equipment$$Rent expense$$Dividends$$Notes receivable$$Accumulated depreciation$$equipment$$Salary payable$$Depreciation expense$$b$.$ Assuming that the U$.$S$.$ dollar is the functional currency, what exchange rate would be used to report each of these accounts in U$.$S$.$ dollar consolidated financial statements? Sales$$Inventory$$Equipment$$Rent expense$$Dividends$$Notes receivable$$Accumulated depreciation$$equipment$$Salary payable$$Depreciation expense$$Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work.Nothing in this area will be graded, but it will be submitted with your assignment.