Path: p Words 132 QUESTION 6 Certain balance sheet accounts of a foreign subsidiary of the Tulip Co. had been stated in U.S. dollars as follows: (CH 10) (10 Points) Accounts receivable current Accounts receivable long-term Prepaid insurance Goodwill Totals Stated at Current Rates Historical Rates $ 280,000 $308,000 140,000 154,000 70,000 77,000 112,000 119,000 $ 602,000 $ 658,000 If the subsidiary's local currency is its functional currency, what total amount of those four accounts should be shown in Tulip's balance sheet in U.S. dollars