Problem

Tristan Narvaja, S$.$A$.,$ is the Uruguayan subsidiary of a U$.$S$.$ manufacturing company. Calculate Tristan Narvaja's contribution to its parent's translation loss if the exchange rate on December $31$st is $$U22=$$$1\mathrm{.}00.$ Assume all peso accounts remain as they were at the beginning of the year.

Balance Sheet $($thousands of pesos Uruguayo, $$SU)$

$\backslash$table$[[$Assets$,$January lst$,\backslash$table$[[$Exchange Rate$],[($SU$/$US$$)]]],[$Cash$,,20\mathrm{.}00],[$Accounts receivable,$120,000,20\mathrm{.}00],[$Inventory$,120,000,20\mathrm{.}00],[$Net plant & equipment,$240,000,20\mathrm{.}00],[540,000,],[$Liabilities & Net Worth$],[$Current liabilities,$30,000,20\mathrm{.}00],[$Long$-$term debt,$90,000,20\mathrm{.}00],[$Capital stock,$300,000,15\mathrm{.}00],[$Retained earnings,$120,000,15\mathrm{.}00],[540,000,]]$