assume a boy retained earnings balance of $2,625,000 for the current rate method and $2,866,992 for remeasurement..

Complete Standard translation table to translate and remeasure the financial statements.

Our company formed a subsidiary company operating in Germany and capitalized it with 900,000 Euros () when the exchange rate to the $US was 1:$0.75. Since its inception, our subsidiary company has performed well, recording net income of 840,000 on sales of 6,000,000 in the most recent year. Cumulative retained earnings now stand at 3,906,000. Please find below the most recent financial information on our subsidiary. Relevant exchange rates are as follows: BOY rate EOY rate. Avg. rate. Dividend rate $1.22 $1.31 $1.27 $1.24 Historical rates: Land.. Building. Equipment Common stock and APIC. $0.83 $0.83 $0.83 $0.75