Case $1$ Ganado Europe. Using facts in the chapter for Ganado Europe, assume the exchange rate on January $2,2011,$ in the following table dropped in value from $$\frac{1\mathrm{.}2000}{}$ to $$\frac{0\mathrm{.}9000}{}.$ The weight average of the exchange rates for the inventories is $$\frac{1\mathrm{.}204}{},$ and the weight average of the historical exchange rates for the net plant and equipment is $$1\mathrm{.}251/.$ Recalculate Ganado Europe's translated balance sheet for January $2,2011,$ with the new exchange rate using the current rate method as shown in the

$\backslash$table$[[,,$Decernber $31,2010,$January $2,2011],[,n,$Exchange Rate,Translated,Exchange Rate,Translated$],[$Assets$,(),(\frac{\text{\$}}{}),$Accounts $(\frac{\text{\$}}{}),(\frac{\text{\$}}{}),$Accounts $($$$/)],[$Cash$,1600000,1\mathrm{.}2,1920000,4-1,],[$Accounts receivable,$3200000,1\mathrm{.}2,3840000,0\mathrm{.}9,t$