A Danish subsidiary of a U$.$S$.$ corporation recorded a building it purchased in $2022$ for $100,000,000$ krone, when the exchange rate was $$\frac{0\mathrm{.}132}{k}$rone. The current exchange rate is $$\frac{0\mathrm{.}163}{?}$ krone. Under the current rate method, how should the translated amount of the restated asset be interpreted?

Multiple Choice

The U$.$S$.$ parent would have had to pay $$13,200,000$ to acquire the building in $2022.$

The U$.$S$.$ parent would have to pay $$16,300,000$ to acquire the building today.

None of the choices are correct.

The building is worth $$13,200,000$ to the U$.$S$.$ parent today.