ABC Inc. has a single wholly-owned American subsidiary called US1 based in Los Angeles, California, which was acquired January 1, 2017. US1 submitted its financial statements for 2017 to ABC. Selected exchange rates in effect throughout 2017 are shown below:

US1 is considered to be a self-sustaining subsidiary (i.e., the functional currency of the foreign operation is different than the parent).

Q 1:Translate the value of retained earnings at the beginning of the year

Q 2: Translate the value of Dividends paid at the end of the year

Q3 :Now assuming US1 is an integrated foreign operation:

Translate the value of sales for the year

q4: Now assuming US1 is an integrated foreign operation:

If there were no capital asset additions or disposals in 2017, calculate the depreciation expense for the year

Q5: Now assuming US1 is an integrated foreign operation:

If the bonds were outstanding throughout the year, translate the company's bond interest expense for the year?

January 1, 2017: December 31, 2017: Average for 2017: Date of Purchase of Inventory on Hand: Date Dividends were declared: US $1 = US $1 = US $1 = JUS $1 = US $1 = CDN $0.815 CDN $0.8175 CDN $0.825 CDN $0.83 CDN $0.8125 US1 financial results for 2017 were as follows: US1 Financial Statements at December 31, 2017 Income Statement: Sales $5,000,000 Cost of Sales Depreciation Expense Bond Interest Expense Other Expense Net Income $3,500,000 $ 150,000 $100,000 $750,000 $500,000 Statement of Retained Earnings: January 1, 2017: INet Income Dividends December 31, 2017: $400,000 $500,000 ($100,000) $800,000 Balance Sheet Cash Accounts Receivable Inventory $1,200,000 $1,900,000 $700,000 ($500,000 January 1, 2017) $400,000 $4,200,000 Plant and Equipment (net) Current Liabilities Bonds Payable Common Shares Retained Earnings $400,000 $2,000,000 $1,000,000 $800,000 $4,200,000