Direct exchange rates for Swiss franc are: Total Total On January 1, 2024, Monty Systems, a U.S.-based company, purchased a controlling interest in Wildhorse Management Consultants located in Zurich, Switzerland. The acquisition was treated as a purchase transaction. The 2024 financial statements stated in Swiss francs are given below. Net Property, Plant, and Equipment Retained Earnings Short-Term Accounts and Notes Sove for Later Attempts: 0 of 2 used (b) Translate the year-end balance sheet and income statement of the foreign subsidiary using the current rate method of translation. (Round answers to 0 decimal places, e. 3.125 . Enter loss and debit cumulative translation adjustment using either a negative sign preceding the number es. 2,945 or parentheses es. (2,945).) Accounts and Notes Payable Additional Paid-in Capital Buildings Cash and Ryceivables Common Stock Cumulative Translation Adjustment Equipment Inventory Lind Long-Term Notes Payable Net Property, Plant, and Equipment Balance Sheet Transiate the year-end balance sheet and income statement of the foreign subsidiary using the current rate method of transiation. (Round answers to 0 decimal ploces, eg. 5,125. Enter loss and debit cumulative translation adjustment using either a negative sign preceding the number eg. 2,945 or parentheses es (2,945))