11.5 Tristan Narvaja Based on the balance sheet, calculate Tristan Narvaja's contribution to its parent's translation loss if the exchange rate on December 31st is $U20/$, except for capital stocks and retained earnings ($U15/$). Assume all peso Uruguayan peso ($U) accounts remain as they were at the beginning of the year. a) Determinate Montevideo's contribution to the translation exposure of its parent on January 1st, using the current rate method: - Accounting net exposure (whole $U): - Exchange rate translation exposure (whole $U): ICILIU Balance Sheet (thousands of pesos Uruguayo, $U) Liabilities and Net Worth Assets Current $U60,000 Cash liabilities $U30,000 Accounts Long-term receivable 120,000 debt 90,000 Inventory 120,000 Capital stock 300,000 Retained Net plant & 240,000 earnings $U540,000 $U540,000 120,000 equipment