Certain balance sheet accounts of a Foreign Subsidiary of the Ghanem Company a Kuwaiti-Based Parent- had been translated into Kuwaiti Dinars as follows

	Translated to KD using
	Current Rate (closing)	Historical (Actual Rate)
Accrued Revenues	KD 9,600,000	KD 9,840,000
Unearned revenue	KD 1,440,000	KD 1,488,000
Trademark (carried at Cost)	KD 2,640,000	KD 2,736,000

If the Kuwaiti Dinar is the functional currency of this subsidiary, what total should have been included in the translated balance sheet for the preceding items?

Select one:

a. None of the answers is correct

b. KD 13,680,000

c. KD 13,824,000

d. KD 13,920,000

e. KD 14,064,000