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Eastless has a functional currency of the pound sterling. Eastless reported sales of 1,500,000 during 20X7. They are a 60% owned British subsidiary of a

Eastless has a functional currency of the pound sterling. Eastless reported sales of 1,500,000 during 20X7. They are a 60% owned British subsidiary of a U.S. company. With the below exchange rates, what amount would have been included for this subsidiary in calculating consolidated sales, if there are no intra-entity sales?Jan 1, 1=$1.60

June 30, 1=$1.64

Dec 31, =$1.61

Weighted Avg for the year 1=$1.59

a.$931,677

b.$1,449,000

c.$2,385,000

d.$2,415,000

e.$1,431,000

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