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 2017, they reported 50,000 in inventory. If the spot rate on 1/1/17 was 1 was 1 $1.10, and the weighted average rate for the full year 2017 was 1 $1.06, how mu is the translated balance of inventory in U.S. $ at year-end? $1.15, the spot rate on 12/31/17 A) $55,000 B) $57,500 C) $50,000 D) $53,000