Assume instead that Shell is located in a different country and the local currency is the functional currency. See the instructions below to perform an analysis using the current rate method. EXCHANGE RATES - US DOLLAR FOR 1 LOCAL CURRENCY YearJanuary 1October 1December 31Average2021$ 0.20150 $ 0.02460 $ 0.19187 $ 0.19619 2022$ 0.19187 $ 0.19231 $ 0.19010 $ 0.19129 2023$ 0.19010 $ 0.18813 $ 0.19990 $ 0.19271 Using the exchange rates presented, translate Shells 12/31/2022 trial balance below. For accounts that use historical rates and a date is not listed, use 1/1/2021. Use the reconciliation at the bottom to help solve for the Retained Earnings beginning balance. It's been started for you. December 31, 2023 Trial BalancesLocal Currency (credit)/debit Rate US Dollars Revenues(710,000) $ - Cost of Goods Sold440,000 $ - Operating Expenses35,000 $ - Depreciation and Amortization25,000 $ - Retained Earnings - 1/1/23(620,000) $ (91,162) Dividends Declared - 10/1/2360,000 $ - Cash395,000 $ - Accounts Receivable410,000 $ - Inventory180,000 $ - Land295,000 $ - PP&E300,000 $ - Liabilities(400,000) $ - Common Stock(320,000) $ - Additional Paid-in Capital(90,000) $ - Translation Adjustment $ 91,162 $ - Retained Earnings 1/1/22(545,000) $ (91,162) Net Income 2022(100,000) $ - Dividends 10/1/2225,000 $ - Retained Earnings 12/31/22 (1/1/23)(620,000) $ (91,162) Check your work for the current method only by calculating the translation adjustment using the changes in net assets. This method is shown in the PowerPoint slides and on page 497. Retained Earnings 1/1/23(620,000) $ (91,162) Common Stock(320,000) $ - Additional Paid-in Capital(90,000) $ - Net Assets 1/1/23(1,030,000) $ (91,162) Net Income 2023(210,000) $ - Dividends 202360,000 $ - Net Assets 12/31/23(1,180,000) $ (91,162) Net Assets, 12/31/23 at current rate(1,180,000) $ - Translation Adjustment $ 91,162 Is the translation adjustment that you calculated recorded with a debit or credit? Do they have a net asset or net liability exposure?