Required information

Use the following information for Problems $10-6$ and $10-7($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Certain balance sheet accounts of a foreign subsidiary of Orchid Company have been stated in U$.$S$.$ dollars as follows:

$\backslash$table$[[,$Stated at$],[,$Current Rates,Historical Rates$],[$Accounts receivable, current,$ $276,000,$$ $296,900],[$Accounts receivable, current Accounts receivable, long term,$128,000,135,000],[$Accounts receivable, long term Land,$64,000,67,900],[$Patents$,92,000,97,000],[,$$ $560,000,$$ $595,000]]$

roblem $10-7($Algo$)($LO $10-2,10-4)$

his subsidiary's functional currency is the U$.$S$.$ dollar. What total should Orchid's balance sheet nclude for the preceding items?

Multiple Choice

$$ $$560,000$

$$

$$568,000$

$$ $$565,000$

$$ $$575,000$