Cash Flow Statement Conversion

The Luh Company's 2017 cash flow statement appears below, in its functional currency, New Taiwan dollars (NT$).

The Luh Company Statement of Cash Flows For the Year Ended December 31, 2017
(in millions)
Operating Activities
Net income	NT$ 100,000
Depreciation and amortization expense	45,000
Gain on sale of long-term investments`	(4,000)
Decrease in other current operating assets	24,000
Decrease in current operating liabilities	(32,000)
Cash provided by operating activities	133,000
Investing Activities
Acquisition of plant assets	(85,000)
Sale of long-term investments	50,000
Cash used in investing activities	(35,000)
Financing Activities
Retirement of long-term debt	(98,000)
Issuance of common stock	170,000
Dividends paid	(65,000)
Cash provided by financing activities	7,000
Increase in cash	105,000
Cash balance, January 1, 2017	210,000
Cash balance, December 31, 2017	NT$ 315,000

Additional information:

Exchange rates: January 1, 2017: $0.042/NT$; December 31, 2017: $0.039/NT$; 2017 average: $0.04/NT$.

Changes in current operating assets and liabilities and dividend payments occurred at the average rate.

Common stock was issued and plant assets were acquired when the rate was $0.0423/NT$.

The long-term investments were sold and the long-term debt was retired when the rate was $0.0394/NT$.

Convert the above statement of cash flows into dollars. Include a computation of the effect of exchange rate changes on cash.

Do not round answers. Enter all decimal places, when appropriate. Use negative signs with your answers when needed.

The Luh Company Statement of Cash Flows For the Year Ended December 31, 2017
(in millions)	NT$	$/NT$	$
Operating Activities
Net income	NT$ 100,000	Answer	$Answer
Depreciation and amortization expense	45,000	Answer	Answer
Gain on sale of long-term investments`	(4,000)	Answer	Answer
Decrease in other current operating assets	24,000	Answer	Answer
Decrease in current operating liabilities	(32,000)	Answer	Answer
Cash provided by operating activities	133,000		Answer
Investing Activities
Acquisition of plant assets	(85,000)	Answer	Answer
Sale of long-term investments	50,000	Answer	Answer
Cash used in investing activities	(35,000)		Answer
Financing Activities
Retirement of long-term debt	(98,000)	Answer	Answer
Issuance of common stock	170,000	Answer	Answer
Dividends paid	(65,000)	Answer	Answer
Cash provided by financing activities	7,000		Answer
Effect of exchange rates changes on cash		calculate below	Answer
Increase in cash	105,000
Cash balance, January 1, 2017	210,000	Answer	Answer
Cash balance, December 31, 2017	NT$ 315,000	Answer	$Answer

Effect of exchange rates changes on cash	NT$	$/NT$	$
Beginning exposed position: cash	NT$Answer	Answer	$Answer
Increases in cash:
Cash provided by operations:
Net income	Answer	Answer	Answer
Depreciation and amortization expense	Answer	Answer	Answer
Gain on sale of long-term investments	Answer	Answer	Answer
Decrease in other current assets	Answer	Answer	Answer
Decrease in current operating liabilities	Answer	Answer	Answer
	Answer		Answer
Sale of long-term investments	Answer	Answer	Answer
Proceeds from stock issuance	Answer	Answer	Answer
	Answer		Answer
Decreases in cash:
Acquisition of plant assets:	Answer	Answer	Answer
Retirement of long-term debt	Answer	Answer	Answer
Dividends paid	Answer	Answer	Answer
	Answer		Answer
			Answer
Ending exposed position: cash	NT$Answer	Answer	Answer
Translation (gain) or loss on cash			$Answer