BC company had the following balance sheet in millions of pesos on DEC. 31 2013 Assets Cash 400 Acct rec. 200 Inventory 800 Net plant and equipment 600 Liabilities and net worth Acct pay 500 Long Term debt 300 Capital stock 400 Retained earnings 800 Relevant exchange rate $.08/peso inventory and capital stock was issued at this rate $.10/peso plant & equipment LT debt Ex rate for 31 dec 2013 $.12/peso ex rate 01 Jan 2014 As of 2013 assume retained earnings under current rate was $80 million under the current rate method, what is the value of the CTA account on January 1 2014? Please show specifically how cta was calculated|