Aerkion Company starts 2015 with two assets: cash of 26,000 LCU (local currency units) and land that originally cost 90,000 LCU when acquired on April 4, 2005. On May 1, 2015, Aerkion rendered services to a customer for 45,000 LCU, an amount immediately paid in cash. On October 1, 2015, the company incurred a 24,750 LCU operating expense that was immediately paid. No other transactions occurred during the year. Currency exchange rates for 1 LCU follow April 4, 2005 LCU1$ 0.31 January 1, 2015 May 1, 2015 October 1, 2015 December 31, 2015 10.36 0.32 10.33 10.34