The following accounts are denominated in pesos as of December 31, 2013. For reporting purposes, these amounts

Question:

The following accounts are denominated in pesos as of December 31, 2013. For reporting purposes, these amounts need to be stated in U.S. dollars. For each balance, indicate the that would be used if a translation is made under the current rate method. Then, again for each account, provide the that would be necessary if a re-measurement is being made using the temporal method. The company was started in 2000. The buildings were acquired in 2002 and the patents in 2003.
____________________________________________Translation Re-measurement
Accounts payable . . . . . . . . . . . . . . . . . . . . . . .
Accounts receivable . . . . . . . . . . . . . . . . . . . . .
Accumulated depreciation . . . . . . . . . . . . . . . .
Advertising expense . . . . . . . . . . . . . . . . . . . . .
Amortization expense (patents). . . . . . . . . . . . .
Buildings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Common stock. . . . . . . . . . . . . . . . . . . . . . . . .
Depreciation expense . . . . . . . . . . . . . . . . . . . .
Dividends paid (10/1/13) . . . . . . . . . . . . . . . . . .
Notes payable-due in 2016 . . . . . . . . . . . . . . .
Patents (net) . . . . . . . . . . . . . . . . . . . . . . . . . . .
Salary expense . . . . . . . . . . . . . . . . . . . . . . . . .
Sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Exchange rates for 1 peso are as follows:
2000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 peso 5 $0.28
2002 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1 = 0.26
2003 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1 = 0.25
January 1, 2013 . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 = 0.24
April 1, 2013 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 = 0.23
July 1, 2013 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 = 0.22
October 1, 2013 . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 = 0.20
December 31, 2013 . . . . . . . . . . . . . . . . . . . . . . . . .1 = 0.16
Average for 2013. . . . . . . . . . . . . . . . . . . . . . . . . . 1 5 0.19
Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...