3) Scenario A: Assume the foreign currency appreciated relative to the US dollar. Use the following direct exchange rates and translate the account balances (in the below partial trial balance) using the current rate and temporal methods. "Equipment was acquired on January 1,U1 COGS: beginning inventory of $60,000 was acquired when the exchange rate was $1.00. Ending inventory was acquired when the exchange rate was $1.20. Purchases of $30,000 were made evenly throughout the year, so assume an average exchange rate. Based on the translation you just computed above, compute the following balances and ratios (round the ratios to two decimals). 4) Scenario B: Assume the foreign currency depreciated relative to the US dollar. Use the following direct exchange rates and translate the account balances using the current rate and temporal methods. Equiprient was acquireu un Jarluary 1,U