Question: This problem is adapted from our Chapter 1 0 exercise on the temporal method. Specifically, I have made a change to the initial exchange rate

This problem is adapted from our Chapter exercise on the temporal method. Specifically, I have made a change to the initial exchange rate on the formation date of the subsidiary from to Please update the worksheet accordingly following this change, ensuring to answer the specified blanks with clear labels.
: Subsidiary was formed; Ex Rate was
: Exchange rate was
: Property was purchased; Ex Rate was
: All the longterm debt were incurred; Ex Rate was
: Dividends were declared; Ex Rate was
: Exchange rate was
Avg. Rate for :
Assumptions:
Revenue and cost of goods sold occurred uniformly throughout the year.
Common Stock and APIC has remained constant since the establishment on
Patent is fully amortized, thus not listed in the balance sheet. The patent was secured on when the Exchange Rate was Need Blank of
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