ASAP!!

A)

Find the Direct exchange rates on the two dates and comment on the strength or weakness of the USD.

January, 2017 July 2017

Indirect Exchange Rate (/$) 0.78 0.82

B) Assume that on December 31, 2019, Parents Investment in Subsidiary account has a balance of $ 532,000. Also assume that Parents 80% interest in Subsidiary has a fair value of $600,000. On January 1, 2020, Parent sells half (remaining 40%) of Subsidiarys shares for $375,000.

How should Parent account for this transaction? Pass Journal Entry.