Question: Problem 1 0 - 3 7 ( Static ) ( LO 1 0 - 1 , 1 0 - 3 , 1 0 - 4

Problem 10-37(Static)(LO 10-1,10-3,10-4) when the exchange rale for the Crech konuse MBri) was $905 Rabone's financles statements as of Oecember 31,2024, foo yedrs latec, follows:
\table[[Msets],[],[ackenets prociusble (ispt),ECs 2,aten,404],[1fiventery,],[deslonent.,6,1ee, ese],[Lespr Acomalated depreciatian,25,040,638],[,(15,149,(19e)],[Suttitiogs,],[\table[[Lessil Accumatated depreciation],[Land]],(184,104088],[,Saes, 4%],[Tetal asmets,],[Accounts peratole,],[,],[\table[[Leny-ters spot],[Comese SEsc]],54, ape, ind],[Astitional pald-in capital,5, ere, ese],[,15,2en,09],[Metained earmingi,5,148,088
\table[[Sales],[,KEs 25,pt, e6t],[Cost of 900ds sold,(13,40e, eew)],[Drpreciatios expenie-aq-ipeent,(3.spe, eve)],[Depreciation expenip-ballaings,(1,80e, eee)],[Besearch and develognent expense,(1.200, eee)],[\table[[ather expenses fincluding thovi)],[Net income]],(1,****,****+)],[,],[Pivil Mrtained ebraings, 1/1/24,Setathe],[Less: Dividenoh, 2424,(1,580,2)],[Aetoined earningh, 12/31/24,K/s 5,500,000]]
Addritionst indermation
The January 1,2024, beginning ineentbry of KBs 6,000.000 was acquined on Deoember 1B,2022, when the exchange rate was 50.043. Purchases of imentory were acoulred unformily during 2024. The December 34,2024, ending invertiory of Kils is.500000 eachasge rate was 50.036, and K6s 12,000.000 in buldings aceured on March 5,2024, when the exchange rabe was $0034.5 Suighiline depreciation is 10 years for equipmest and 40 yeass for bulldingh. 4 fill year's depreciation is laken in the year of acpuistion.
Oividends weve decleved and paid on Decpmber 15,2024, when the ewchange rabe was $0031.
Other exchange rates for 1 Kls follow
Janubry 1,2024
Weighted average rate for 2424
December 31,2034
5 B.e4
b.eds
e ela
Aequiled:
Tranilate the Caech korusa financial statements on December 34,2024, in Pre folowing Ereve sitiations:
a. The Crech kovins is the functional cumency. The December 31.2021, US dollar-franalated balance sheet reported retained earnings of $22,500. The December 31,2023, cumulative translation adjuntmest ans negative $202,500(diebe balance). eamings fincluding s 2023 semeasurement pairf of $151.000
c. The US. dollar is the functional cumency Rabona has no long-term debt insuad, it has common stock of Kis 20.000.000 and bsiance in retained earnings of $147,000|including a 2023 nemessurement lenst.
Cempiete this question by entering peer ahswers in the tabs belew.
\table[[,,,431],[,,,,],[,,,],[,,,],[1,,,],[,,1,]]
a. The Crech koruna is the functional currency. The December 34.2023, US. dollar-translated balance sheet reported retained
b. The US doltar is the functional currency. The Decenber 3t2022 US. dollar-cemeasured balance sheet reported retained
12.5 eamings fincluding a 2023 remessurement pain of $353.000.
Nons
c. The US. dolar is the fanctional currency. Rakons has no longtere debt. instead, it has cemmon stock of KCs 20.000.000 and asdaional paid in captal of KAs 50,000,000. The Decnober TH.2022. US dollar-remeasured balance sheet reported a negative balance in metained earrings of $147000(ncluding a 2023 remeasurement loss)
atbor
nill
Complete this queation by emtering your answers ie the tate helpes,
Cibunver
Aequined a
hatew lese a
\table[[,-15],[hoome Siuhement. ,],[,],[,],[,],[,]]
Problem 1 0 - 3 7 ( Static ) ( LO 1 0 - 1 , 1 0 -

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