I am having problems with the last part on this problem. I am trying to figure out how to get the exchange rate and get the ending balance for both sides. I have everything else but cannot figure out that last part.

Sullivan's Island Company began operating a subsidiary in a foreign country on January 1, 2024, by investing capital in the amount of 60,000 pounds. The subsidiary immediately borrowed 140,000 pounds on a five-year note with 10 percent interest payable annually beginning on January 1, 2025. The subsidiary then purchased for 200,000 pounds a building that had a 10-year expected life and no salvage value and is to be depreciated using the straight-line method. Also on January 1, 2024, the subsidiary rented the building for three years to a group of local attorneys for 8,000 pounds per month. By year-end, rent payments totaling 80,000 pounds had been eceived, and 16,000 pounds was in accounts receivable. On October 1, 2024, 4,000 pounds was paid for a repair made to the building. The subsidiary transferred a cash dividend of 12,000 pounds back to Sullivan's Island Company on December 31, 2024. The functional currency for the subsidiary is the pound. Currency exchange rates for 1 pound follow: January 1, 2024 $ 2.00 = 1 Pound October 1, 2024 2. 05 = 1 Pound December 31, 2024 2.08 = 1 Pound Average for 2024 2.04 = 1 Pound Required: Prepare a statement of cash flows in pounds for Sullivan's Island Company's foreign subsidiary, and then translate this statement into U.S. dollars. Note: Round your exchange rate answers to 2 decimal places. Amounts to be deducted and cash outflows should be indicated with minus sign.Statement of Cash Flows Pounds Exchange Rate U.S. Dollars Operating Activities: Net income 58,000 $ 118,280 Add: Depreciation expenses 20,000 $ 2.04 40,800 Less: Increase in accounts receivable (16,000) S 2.04 (32,640) Add: Increase in interest payable 14,000 2.04 28,560 0 Cash flow from operating activities 76,000 155,000 Investing Activities: Purchase of building (200,000) $ 2.00 (400,000) Cash flow from investing activities $ (200,000) $ (400,000) Financing Activities: Borrowing on note 140,000 $ 2.00 280,000 Dividends (12,000) 2.08 (24,960) Capital contribution 60,000 $ 2.00 120,000 Cash flow from financing activities 188,000 375,040 Increase in cash 64,000 Effect of exchange rate change on cash Beginning balance in cash 0 C Ending balance in cash 64,000 $ 0