Certain balance sheet accounts of a foreign subsidiary of Post, Inc., at December 31, 2015, have been restated into U.S. dollars as follows:

Restated at

Current rates Historical rates

Accounts receivable long term $120,000 $100,000

Prepaid insurance $55,000 $50,000

Copyright $75,000 $85,000

Totals $250,000 $235,000

The subsidiarys functional currency is the currency of the country in which it is located. Inflation is not significant. What total amount should be included in Posts December 31, 2015, consolidated balance sheet for the above accounts? a. $225,000 b. $235,000 c. $240,000 d. $250,000