i NEED STEP BY STEP TO CALCULATE Cumulative translation adjustment (THE BALANCE) WITH FORMULA

31-Dec-20 AUD Translation Rate USD

Assets Cash $ 50,000.00 0.76 Current $ 38,000.00

Accounts Receivable $ 100,000.00 0.76 Current $ 76,000.00

Inventory $ 200,000.00 0.76 Current $ 152,000.00

Total current assets $ 350,000.00 $ 266,000.00

Property and equipment $ 1,000,000.00 0.76 Current $ 760,000.00

Less: Accumulated dep. $ (100,000.00) 0.76 Current $ (76,000.00)

Patents, net $ 40,000.00 0.76 Current $ 30,400.00

Total assets AUD $ 1,290,000.00 USD $ 980,400.00

Liabilites and Equities

Accounts Payable AUD $ 350,000.00 0.76 Current USD $ 266,000.00

Total current liabilities AUD $ 350,000.00 USA $ 266,000.00

Long-term debt AUD $ 250,000.00 0.76 Current USD $ 190,000.00

Total liabilities AUD $ 600,000.00 USD $ 456,000.00

Common Stock AUD $ 100,000.00 0.71 Historical USD $ 71,000.00

Additional Paid-in AUD $ 400,000.00 0.71 Historical USD $ 284,000.00

Retained Earnings AUD $ 320,000.00 USD $ 237,000.00

Cumulative translation adjustment To balance Total Equity AUD $ 820,000.00