I need help with Net income for year, Dividends paid, and Rates at end of year please.

On January 1, 20X1, Popular Creek Corporation organized SunTime Company as a subsidiary in Switzerland with an initial investment cost of Swiss francs (SFr) 73,000. SunTime's December 31, 20X1, trial balance in SFr is as follows: Credit Debit SFr 8,400 22,500 7,000 27,000 103,000 Cash Accounts Receivable (net) Receivable from Popular Creek Inventory Plant & Equipment Accumulated Depreciation Accounts Payable Bonds Payable Common Stock Sales Cost of Goods Sold Depreciation Expense Operating Expense Dividends Paid Total SFr 11,600 12,500 54,000 73,000 150,000 75,000 11,600 31,000 15,600 SFr 301,100 SFr 301,100 Additional Information 1. The receivable from Popular Creek is denominated in Swiss francs. Popular Creek's books show a $6,000 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 20x1 average SFr $ 1 = 0.73 1 = 0.74 1 = 0.77 1 = 0.80 1 = 0.75 6. The Swiss franc is the functional currency. Required: a. Prepare a proof of the translation adjustment. Answer is complete but not entirely correct. POPULAR CREEK CORPORATION AND SUBSIDIARY Proof of Translation Adjustment Year Ended December 31, 20X1 U.S Dollars $ 53,290 0 Net assets at beginning of year Adjustment for changes in net asset position during year: Net income for year Dividends paid Net assets translated at: Rates during year Rates at end of year Change in other comprehensive income translation adjustment during year net increase Accumulated other comprehensive income translation adjustment January 1 Change in other comprehensive income translation adjustment December 31 53,290 0 % (53,290) 0 (53,290) $