Please, use the accounts from the selection only. also, this is all the information there is. There is no more problem info that I could provide. Thank you!

b. Compute the ending Cumulative Translation Adjustment directly, assuming a BOY balance of $13,065. Round all answers to the nearest dollar. \begin{tabular}{|c|c|c|c|c|} \hline Sales & 1,425,000 & $ & $ & 0 \\ \hline Cost of goods sold & (855,000) & $ & & 0 \\ \hline Gross profit & 570,000 & & & 0 \\ \hline Operating expenses & (370,500) & $ & & 0 \\ \hline Net income & 199,500 & & $ & 0 \\ \hline \multicolumn{5}{|l|}{ Statement of Retained Earnings: } \\ \hline BOY ret. earnings & 748,125 & & $ & 0 \\ \hline Net income & 199,500 & & & 0 \\ \hline Dividends & (19,950) & $ & & 0 \\ \hline EOY ret. earnings & 927,675 & & $ & 0 \\ \hline \multicolumn{5}{|l|}{ Balance Sheet: } \\ \hline \multicolumn{5}{|l|}{ Assets } \\ \hline Cash & $405,555 & 0 & $ & 0 \\ \hline Accounts receivable & 330,600 & 0 & & 0 \\ \hline Inventory & 424,650 & $ & & 0 \\ \hline Property, plant, and equipment (PPE), net & 785,460 & 0 & & 0 \\ \hline Total assets & $1,946,265 & & $ & 0 \\ \hline \multicolumn{5}{|l|}{ Liabilities and stockholders' equity } \\ \hline Current liabilities & $241,680 & 0 & $ & 0 \\ \hline L-T liabilities & 563,160 & 0 & & 0 \\ \hline Common stock & 95,000 & 0 & & 0 \\ \hline APIC & 118,750 & 0 & & 0 \\ \hline Ret. earnings & 927,675 & & & 0 \\ \hline \end{tabular} b. Compute the ending Cumulative Translation Adjustment direct Round all answers to the nearest dollar. b. Compute the ending Cumulative Translation Adjustment directly, assuming a BoY balance of $13,0 Translation of financial statements Assume that your company owns a subsidiary operating in Canada. The subsidiary maintains its books in the Canadian Dollar (CAD) as its functional currency. Following are the subsidiary's financial statements (in CAD) for the most recent year: The relevant exchange rates ( $:CAD) are as follows: For both parts a, and b. below, use a negative sign with answers to indicate a reduction. a. Translate the subsidiary's income statement, statement of retained earnings, balance sheet, and statement of cash flows into sUS (assume that the BOY Retained Earnings is $584,368 ). Round all answers in the "in US Dollars" column to the nearest dollar. b. Compute the ending Cumulative Translation Adjustment directly, assuming a BOY balance of $13,065. Round all answers to the nearest dollar. \begin{tabular}{|c|c|c|c|c|} \hline Sales & 1,425,000 & $ & $ & 0 \\ \hline Cost of goods sold & (855,000) & $ & & 0 \\ \hline Gross profit & 570,000 & & & 0 \\ \hline Operating expenses & (370,500) & $ & & 0 \\ \hline Net income & 199,500 & & $ & 0 \\ \hline \multicolumn{5}{|l|}{ Statement of Retained Earnings: } \\ \hline BOY ret. earnings & 748,125 & & $ & 0 \\ \hline Net income & 199,500 & & & 0 \\ \hline Dividends & (19,950) & $ & & 0 \\ \hline EOY ret. earnings & 927,675 & & $ & 0 \\ \hline \multicolumn{5}{|l|}{ Balance Sheet: } \\ \hline \multicolumn{5}{|l|}{ Assets } \\ \hline Cash & $405,555 & 0 & $ & 0 \\ \hline Accounts receivable & 330,600 & 0 & & 0 \\ \hline Inventory & 424,650 & $ & & 0 \\ \hline Property, plant, and equipment (PPE), net & 785,460 & 0 & & 0 \\ \hline Total assets & $1,946,265 & & $ & 0 \\ \hline \multicolumn{5}{|l|}{ Liabilities and stockholders' equity } \\ \hline Current liabilities & $241,680 & 0 & $ & 0 \\ \hline L-T liabilities & 563,160 & 0 & & 0 \\ \hline Common stock & 95,000 & 0 & & 0 \\ \hline APIC & 118,750 & 0 & & 0 \\ \hline Ret. earnings & 927,675 & & & 0 \\ \hline \end{tabular} b. Compute the ending Cumulative Translation Adjustment direct Round all answers to the nearest dollar. b. Compute the ending Cumulative Translation Adjustment directly, assuming a BoY balance of $13,0 Translation of financial statements Assume that your company owns a subsidiary operating in Canada. The subsidiary maintains its books in the Canadian Dollar (CAD) as its functional currency. Following are the subsidiary's financial statements (in CAD) for the most recent year: The relevant exchange rates ( $:CAD) are as follows: For both parts a, and b. below, use a negative sign with answers to indicate a reduction. a. Translate the subsidiary's income statement, statement of retained earnings, balance sheet, and statement of cash flows into sUS (assume that the BOY Retained Earnings is $584,368 ). Round all answers in the "in US Dollars" column to the nearest dollar