Below shows the selected balance sheet accounts of a foreign subsidiary of the Balesin Company that have been translated into parent currency.

	Translated at
	Current Rates	Historical Rates
Accounts Receivable	$200,000	$250,000
Marketing Securities, at cost	300,000	250,000
Prepaid Insurance	200,000	250,000
Goodwill	150,000	200,000
	$850,000	$950,000

Determine the total amount that should be included in the Balesins consolidated balance sheet for the assets listed in accordance with IFRS if temporal method is used. Show the computation and which exchange rate should be used. (1 mark each x 9 = 9 marks)

Use this template to answer this question:

	Amount	Translated at
Accounts Receivable
Marketing Securities, at cost
Prepaid Insurance
Goodwill
Total