In Year 2, Blango Co. determined the functional currency of a foreign subsidiary to be the British pound sterling. Blango properly prepared the subsidiary's translation into the U.S. dollar until Year 8. The subsidiary's circumstances changed in Year 8, and Blango determined that the functional currency should be the euro. Which section of the authoritative guidance best states whether Blango must restate its prior-year financial statements due to the change in the functional currency? Enter your response in the answer fields below. Guidance on correctly structuring your response appears above and below the answer fields. Unless specifically requested, your response should not cite implementation guidance. Type the topic here. Correctly formatted FASB ASC topics are 3 digits. FASB ASC Some examples of correctly formatted FASB ASC responses are 205-10-05-1, 323- 740-S25-1, 260-10-60-1A, 715-30-35-95, 820-10-35-16BB, 810-10-55-205AE, 815-10- 50-4EEE, and 815-10-50-4EEEE