A U.S. company's foreign subsidiary had the following amounts in stickles (), the functional currency, in 2013: The average exchange rate during 2013 was 1 = $.96. The beginning inventory was acquired when the exchange rate was 1 = $1.20. The ending inventory was acquired when the exchange rate was 1 = $.90. The exchange rate at December 31, 2013 was 1 = $.84. At what amount should the foreign subsidiary's cost of goods sold have been reflected in the 2013 U.S. dollar income statement?

A. $11,253,600.

B. $11,577,600.

C. $11,520,000.

D. $11,613,600.

E. $11,523,600.

At what amount should that foreign subsidiary's purchases have been reflected in the 2013 USD income statement?

A. $11,865,600

B. $11,577,600

C. $11,520,000

D. $11,613,600

E. $11,523,600