I need help in this question. Please do it correctly and accurately and 100%

4 On January 1, 20X1. Popular Creek Corporation organized SunTime Company as a subsidiary in Switzerland with an initial Investment cost of Swiss francs (SFr) 60.000. SunTime's December 31, 20X1, trial balance in SFr is as follows: 5 points Debit SFr 7,880 Credit 2e.be 5,880 25,880 182.ee eBook Cash Accounts Receivable (net) Receivable from Popular Creek Inventory Plant & Equipment Accumulated Depreciation Accounts Payable Bonds Payable Connon Stock Sales Cost of Goods Sold Depreciation Expense Operating Expense Dividends Paid Total SFr 10,eee 12, eee 5e,eee 60, eee 150,eee Print 70,080 10,880 30,880 15,60 SFr 282,880 References SFr282,eee Additional Information 1. The recelvable from Popular Creek is denominated in Swiss francs. Popular Creek's books show a $4.000 payable to SunTime. 2. Purchases of Inventory goods are made evenly during the year. Items in the ending Inventory were purchased November 1. 3. Equipment is depreciated by the straight-line method with a 10-year life and no residual value. A full year's depreciation is taken in the year of acquisition. The equipment was acquired on March 1 4. The dividends were declared and paid on November 1. 5. Exchange rates were as follows: January 1 March 1 November 1 December 31 zexi average SFr $ 1=0.73 1 =0.74 1 = 0.77 1=0.88 1 = 0.75 Question 4 - Week 5 - Chapter 12 Problem Set - Connect - Google Chrome 6. The U.S. dollar is the functional currency for the foreign subsidiary. 6. The U.S. dollar is the functional currency for the foreign subsidiary. Required: a. Prepare a proof of the remeasurement gain or loss. (Amounts to be deducted should be entered with a minus sign. Round "exchange rate" answers to 2 decimal places.) Exchange Rate U.S. Dollars POPULAR CREEK CORPORATION AND SUBSIDIARY Proof of Remeasurement Loss Year Ended Dec 31, 20X1 Schedule 2 Analysis of Changes in Monetary Accounts SFT Exposed net monetary asset Position - January 1 SFr Adjustments for changes in the net monetary position during the year. Increases: From operations: Sales From other sources Decreases: From operations: Purchases Operating expenses in cash From dividends From purchase of plant and equipment Net monetary position prior to remeasurement at year-end rates Exposed net monetary liability Position - December 31 SF