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Emu Co Ltd purchased a foreign operation based in Singapore on 1 July 2017. The following information was extracted from the foreign operation's accounts for

Emu Co Ltd purchased a foreign operation based in Singapore on 1 July 2017. The following information was extracted from the foreign operation's accounts for the period ended 30 June 2019:

Table A

Account

Amount S$

Equipment

650 000

Debentures

900 000

Inventory

98 000

Depreciation expense

54 000

Share capital

4 000 000

Sales

850 000

Table B

Exchange rate information is:

1 July 2017

S$1.00 = A$1.0520

Average rate for year

S$1.00 = A$1.0700

1 June 2019

S$1.00 = A$1.0735

Last quarter 2019

S$1.00 = A$1.0600

30 June 2019

S$1.00 = A$1.0690

Required:

Using an appropriate exchange rate from Table B, provide new individual amounts for each item given in Table A keeping in mind that we translate into presentation currency from functional currency (rounded to the nearest A$)?

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