Adams Corp is a US corporation with operations in Country X. Adams uses the US dollar as the functional currency for its operations in Country X. The following foreign currency balances and exchange rates were in effect at December 31, 2019. Retained Earnings FC 400,000 FC 800,000 Inventory (at Cost) Marketable Securities (fair value) Accounts Payable (due in 3 months) FC 300,000 FC 500,000 FC 200,000 Fixed Assets. Spot rate December 31, 2018 4 US = 1 FC Spot rate December 31, 2019 9 US = 1 FC 3 month Forward Rate March 31, 2020 5 US = 1 FC Average Rate (2019): .6 US = 1 FC 3 month Option Rate: .8 US = 1 FC Historical Rate: 3 US = 1 FC Composite Rate: .7 US = 1 FC What is the US dollar equivalent of the sum of Marketable Securities, Inventory, Accounts Receivable, Fixed Assets and Retained Earnings at December 31, 2019 Show your calculations above