The Luh Company's 2014 cash flow statement appears below, in its functional currency. New Taiwan dollars (NT$)

Additional information:
1. Exchange rates: January 1, 2014: $0.042/NT$; December 31, 2014: $0.039/NT$; 2014 average: $0.04/NT$.
2. Changes in current operating assets and liabilities and dividend payments occurred at the average rate.
3. Common stock was issued and plant assets were acquired when the rate was $0.0423/NT$.
4. The long-term investments were sold and the long-term debt was retired when the rate was $0.0394/NT$.
Required
Convert the above statement of cash flows into dollars. Include a computation of the effect of exchange rate changes on cash.

THE LUH COMPANY Statement of Cash Flows For Year Ended December 31, 2014 (in thousands) Operating Activities Net income Depreciation and amortization expense... , . .. . . .. Gain on sale of long-term investments. Decrease in other current operating assets.. Decrease in current operating liabilities.... NT$100,000 45,000 4.000) . . . . . . . . . . . . . 24,000 (32,000) 133,000 Cash provided by operating activities Investing Activities (85,000) 50,000 Sale of long-terrm investments. (35,000) Cash used in investing activities.... Financing Activities Retirement of long-term debt..r^nnar.** Issuance of common stock .~..-.-. Dividends paid.. (98,000) 170,000 (65,000) 7,000 105,000 210,000 NT$315,000 Cash provided by financing activities Increase in cash.-.*-*^^u**uue. Cash balance, December 31, 2014