Question: Problems 20 and 21 are based on the following information. McCarthy, Inc's Brazilian subsidiary borrowed 100,000 euros on January 1, 2020. Exchange rates between the

Problems 20 and 21 are based on the following information. McCarthy, Inc's Brazilian subsidiary borrowed 100,000 euros on January 1, 2020. Exchange rates between the Brazilian real (BRL) and euro ( ) and between the U.S. dollar (\$) and BRL are as follows: 20. At what amount should the Brazilian subsidiary's euro note payable be reported on Mccarthy's December 31,2020 , consolidated balance sheet? a. $84,000. b. $86,000 c. $92,000 d. $128,800

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