A wholly owned subsidiary of Ward, Inc. has certain expense accounts for the year ended December 31, 2008, stated in local currency units (LCU) as follows:

Assume that the LCU is the subsidiary’s functional currency and that the charges to the expense accounts occurred approximately evenly during the year.
Required:
What total dollar amount should be included in Ward’s 2008 consolidated income statement to reflect these expenses?

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LCU Depreciation of equipment (related assets were purchased January 1, 2006) Provision for doubtful accounts Rent The exchange rates at various dates are as follows: 120,000 80,000 200,000 Dollar Equivalent of LCU 12/31/08 Average for year ended 12/31/08 1/1/06 $0.40 0.44 0.50