E 14-4 Buildings remeasurement effect Singa Company of Singapore is a 100 percent-owned subsidiary of PT Keraton, an Indonesian firm, and its functional currency is the Singaporean dollar. The functional currency of PT Keraton is the Indonesian rupiah.

The current exchange rate for Singaporean dollars on December 31, 2016, is 9,800 rupiah. The cost of the buildings

(net of accumulated depreciations) is $150,000 Singaporean dollars. The historical exchange rate is 9,300 rupiah.

REQuIRED: Determine the amount at which buildings—net will be carried on

(a) the foreign currency statements,

(b) the remeasured statements, and

(c) the translated statements.