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A U.S. firm has total assets valued at 715,000 located in Germany. This valuation did not change from last year. Last year, the exchange rate

A U.S. firm has total assets valued at 715,000 located in Germany. This valuation did not change from last year. Last year, the exchange rate was .9425/$. Today, the exchange rate is .8933/$. By what amount did these assets change in value on the firm's U.S. financial statements? Multiple Choice $41,782.31 -$41,782.31 $0 -$35,178.00

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