Company F is a foreign subsidiary of a domestic company and Company F's functional currency is the Euro. On Company F's financials at the end of the year 2018, they reported 50,000 in inventory. If the spot rate on 1/1/18 was 1 $1.06, the spot rate on 12/31/18 was 1 $1.10, and the weighted average rate for the full year 2018 was 1- $1.15, how much is the translated balance of inventory in U.S. $at year-end? a) $55,000 b) $53,000 c) $57,500 d) $50,000