Company A operating in Turkey owns Company B operating in the US at 100% on January1. On December 31, Company Bs total assets $2.540.000 and Company Bs total liabilities $580.000. Company Bs common stock $1.600.000. Beginning retained earnings $80.000, dividend payment $40.000, net income $320.000. Exchange rates are January 1 1$=2.34 TL (historical rate); June 30 1$=2.78 (dividend paid); December 31 1$=2.91 TL (current rate); average exchange rate 1$=2.70 TL. Using the information provided, how much is the net assets under the current rate method?

Select one: 5.703.600 TL 940.000 TL 1.687.800 TL 7.391.400 TL