3. Signal Corp uses the US dollar as its functional currency. At December 31,2016 Signal has the following foreign currency balances: Accounts Receivable (due in 3 months) Inventory (at cost) Fixed Assets FC 10,000 FC 20,000 FC 30,000 The following exchange rates were in effect: December 31 spot rate: December 31 three month forward rate: 1FC .6 US Historic rate: Average exchange rate (2015): What is the US dollar equivalent for the total of Accounts Receivable, Inventory and Fixed Assets that will be reported by Signal on its December 31, 2016 balance sheet. 1FC 5 US 1FC 8 US 1FC 7 US