This subsidiarys functional currency is a foreign currency. What total should Orchids balance sheet include for the preceding items?

This subsidiarys functional currency is the U.S. dollar. What total should Orchids balance sheet include for the preceding items?

Required information Use the following information for Problems 6 and 7 [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: Accounts receivable, current Accounts receivable, long term Land Patents Stated at Current Historical Rates Rates $ 210,000 $ 230,000 112,000 119,000 56,000 59,000 86,000 91,000 $ 464,000 $ 499,000