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a us company owns an 80% interest in a company located on mars. Martian currency is called The Martian credit. during the year the parent

a us company owns an 80% interest in a company located on mars. Martian currency is called The Martian credit. during the year the parent company sold inventory that caused $24,400 to the subsidiary on account for $31,500 when the exchange rate was 0.5192. the subsidiary still held one half of the inventory and had not paid the parent company for the purchase at the end of the fiscal year. the unsettled account is denominated in dollars. the exchange rate at the fiscal year and was 0.4994. assuming that the transaction has been denominated in 52, 173 Martian credits rather than dollars compute the transaction game or lost that would be reported by the parent company

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