The following accounts are denominated in pesos as of December 31, 2011. For reporting purposes, these amounts need to be stated in U.S. dollars. For each balance, indicate the exchange rate that would be used if a translation is made under the current rate method. Then, again for each account, provide the exchange rate that would be necessary if a remeasurement is being made using the temporal method.

The company was started in 2000. The buildings were acquired in 2002 and the patents in 2003.

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Accounts payable Accounts receivable.. Accumulated depreciation Advertising expense Amortization expense (patents) Buildings Cash Common stock Depreciation expense Dividends paid (10/1/11) Notes payable due in 2014 Patents (net) Salary expense Sales Exchange rates for 1 peso are as follows: 2000 2002 2003 January 1, 2011 April 1, 2011 July 1, 2011 Translation Remeasurement 1 peso = $0.28 1 = 0.26 1 = 0.25 1 = 0.24 1 = 0.23 = 0.22 0.20 October 1, 2011 December 31, 2011 Average for 2011 1 == = 0.16 1 = 0.19