can you solve this for me, please!

(10 points) ey Corporation, the Australian affiliate of a U.S. manufacturer, has the balance sheet shown below. The current exchange rate is US$0.77 = AUDI. Cash Balance sheet of Sydney Corporation Assets AUD'000 Liabilities AUD'000 Accounts receivable 4,000 Accounts payable 32,000 25,000 Long-term debt Inventories* (cost=22,000) 28,000 20,000 Fixed assets, net 51,000 Stockholders' equity 40,000 Total assets 100,000 Total liabilities and 100,000 stockholders' equity *(Inventories are carried at the lower of cost or market) Required: 1. Translate the Australian dollar balance sheet of Sydney Corporation into U.S. dollars at the current exchange rate of US$0.77 - AUDI (10 points) 2. Assume the Australian dollar revalues from US$0.77 = AUD1 to US$0.924 = AUDI. What would be the translation effect if Sydney's balance sheet is translated by the current-noncurrent method? By the monetary-non monetary method ? (15 points) 3. Assume instead that the Australian dollar weakens from US$0.77 - AUDI to US$0.616 - AUD1. What would be the translation effect under each of the above two translation methods? (15 points)