6: A U.S. company's foreign subsidiary had these amounts in local currency units (LCU) in 2017: Cost of goods sold Beginning inventory Ending inventory LCU 5, 650,000 503,000 617,000 The average exchange rate during 2017 was $1.80-LCU 1. The beginning inventory was acquired when the exchange rate was $1.60-LCU 1. Ending inventory was acquired when the exchange rate was $1.90-LCU 1. The exchange rate at December 31, 2017, was $1.95 LCU 1. Assuming that the foreign country is highly inflationary, at what amount should the foreign subsidiary's cost of goods sold be reflected in the U.S. dollar income statement