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A subsidiary firm wishes to remeasure it balance from euros to u.s dollar for it end of year reporting to a parent company based in

A subsidiary firm wishes to remeasure it balance from euros to u.s dollar for it end of year reporting to a parent company based in the united states.

On December 31 the spot exchange rate is 1.5 us dollars per 1 euro The firms amount of 10,000 euros and the flows assets with associated historical exchange rates

U.S. Exchange rate

Inventory 10,000 1.25

PP and E 50,000 1.30

Land 30,000 1.10

What are the firms total assets after rounding

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