! 1 Required information Certain balance sheet accounts of a foreign subsidiary of the Tulip Co. had been stated in U.S. dollars as follows: :09 Accounts receivable-current Accounts receivable-long term Prepaid insurance Goodwill Totals Stated at Current Historical Rates Rates $ 280,000 $ 308,000 140,000 154,000 70,000 77,000 112,000 119,000 $ 602,000 $ 658,000 If the subsidiary's local currency is its functional currency, what total amount should be included in Tulip's balance sheet in U.S. dollars? Multiple Choice o $609,000. O $658,000. O $602,000. O $630,000. $616,000