Saved Help Save & Exit Submit Schrute Inc. had a receivable from a foreign customer that is due in the local currency of the customer (stickles). On December 31, 2021, this receivable for $200,000 was correctly included in Schrute's balance sheet at $167,000. When the receivable was collected on February 15, 2022, the U.S. dollar equivalent was $181,000. In Schrute's 2022 consolidated income statement, how much should have been reported as a foreign exchange gain? -44 Multiple Choice O $33,000 O $0. $7000 $19.000 ali 37.2 ? A Help Save & Exit Submit A U.S. company's foreign subsidiary had the following amounts in stickles (5). the functional currency, in 2021 Cost of goods sold Ending inventory Beginning inventory $18,000,000 900,000 360,000 The average exchange rate during 2021 was 51 - $0.98. The beginning inventory was acquired when the exchange rate was $1 = $118. The ending inventory was acquired when the exchange rate was $1 = $0.92. The exchange rate at December 31, 2021 was 51 - $0.82. At what amount should the foreign subsidiary's cost of goods sold have been reflected in the 2021 U.S. dollar income statement? Multiple Choice $14,760.000 $21.240,000 atv Sold's Gym XR 8.... Bo McGraw-Hill Cam... MackinVIA Reader Trader's Way - Up... Saved Help Sa Multiple Choice $14,760,000 $21,240,000 $16,560,000. $17,110,800. $17.640.000 Prey 19 of 25 Next >