A Japan-based company has a subsidiary located in Thailand. The Thailand Baht (Thai Baht) is the functional currency of the subsidiary. What exchange rate should be used to translate the following items reported in the subsidiary's year-end financial statements? Depreciation Inventory Machinery Expense . Current rate Current rate Average rate B Historical rate Current rate Current rate C. Current rate Historical rate Average rate D. Average rate Historical rate Current rate E. Average rate Current rate Current rate Select one: O a. C. O b. E c. B O d. D. O e. None of the answers is correct Of A