3. Signal Corp uses the US dollar as its functional currency. At December 31, 2019 Signal has the following foreign currency balances: Accounts Receivable (due in 3 months) FC 10,000 Inventory (at cost) FC 20,000 Fixed Assets FC 30,000 Retained Earnings. FC 60,000 Sales. FC 200,000 The following exchange rates were in effect: December 317 spot rate: 1FC= .5 US December 31 three month forward rate: 1FC= .6 US Historic rate: 1FC= .8 US Average exchange rate (2019): 1FC= .7 US Composite rate. 1FC= 9 US What is the US dollar equivalent for Accounts Receivable, Inventory Fixed Assets, Retained Earnings and Sales that will be reported by Signal in its December 31, 2019 financial statements. You do not need to total these numbers. Show your work below: Accounts Receivable: Inventory Fixed Assets Retained Earnings Sales