Hi i sm practicing this problems can domeone please walk me thru on how to solve them? thank you

Exercise 12-5 (Static) Translation LO 12-4, 12-5 On January 1, 20x1, Popular Creck Corporation organized Suntine Company as a subsidiary in Switzerland with an inital investment cost of Swiss francs (SFi) 60,000 . Surtime's December 31,20Xt, trial balance in Sfr is as follows: Additional information 1. The receivable from Popular Creek is denominated in Swiss francs. Popular Creek's books show a $4,000 payable to SunTime 2. Purchases of inventory goods are made evenly during the year liems in the ending inventory were purchased November 1 . 3 Equipment is depreciated by the straight.line method with a 10-year life and no residual value. A full year's depreciation is taken in the year of acquisition. The equipment was acquired on March 1 4. The dividends were declared and paid on November 1 5. Exchange rates were as follows 6. The Swiss tranc is the functonal currency Requilred: Prepare a schedule transiating the December 31, 20xi, trial balance from Swiss francs to dollars. Note: If no adjustment is needed, seleet 'No entry necessary