Assume that TempleCo is a U.S. company with a subsidiary (Subco) in LaLa Land. The subsidiary was acquired on 12/31/14. TempleCo reports its results in U.S. dollars. The currency of LaLa Land is the loca (LC). Subco's financial statements for 2015 are shown below as well as various exchange rates. The majority of Subco's operational, financial, and investment decisions are made locally in the country of LaLa Land, although Subco does rely on TempleCo for some areas of expertise. Subco's balance sheet and income statement at December 31 are shown below in loca (LC). Revenue 2015 5000 Cost of goods sold -3300 Gross margin 1700 Other expenses -400 Depreciation expense -600 Net income 700 The following exchange rates between the U. S. Dollar and the local currency were as follows: Ex: 12/31/14; $.50 = LC 1.00 Assume purchases are made evenly throughout the year. December 31,2014 0.5 December 31,2015 0.4545 Average (2015) 0.4762 Historical rate for equity 0.5 Historical rate for PPE& Depn 0.4881 Historical for accumulated depn 0.4896 Historical for COGS 0.4834 Historical for Beginning 0.52 Inventory Historical for ending inventory 0.456 Assume purchases are made evenly throughout the year. What are Subco's translated total liabilities and shareholders' equity?