including pricing of its products. You conchide, therefore, that the functional currency of thes subsidary is the suS and that its finaneal statements must be remeasured using the temporal method priar to consplidabion. The subrid uryst finncial statements (in AuD foc the most recent year follow in part a: betiow: The relevant exchange rates for the sus value of the Australian Dollar (AuD) are as followe For parts a, and b. below, use a negative sign with answers to indicate a reduction. a. Remeasure the subsidiarys income statement, statement of reeained earnings, and balance sheet into sus useng the temporad methed for the current year (assume that the BOY Retained Eacnings is 52167,448 ). Round all answers in the "in US Doliars" column to the nearest dollar. b. A Compute the remeasurement gain or loss directly assuming BOY net monetary assets of (1,027,200), a net monetary liability. Round all answers to the nearest dollar. including pricing of its products. You conchide, therefore, that the functional currency of thes subsidary is the suS and that its finaneal statements must be remeasured using the temporal method priar to consplidabion. The subrid uryst finncial statements (in AuD foc the most recent year follow in part a: betiow: The relevant exchange rates for the sus value of the Australian Dollar (AuD) are as followe For parts a, and b. below, use a negative sign with answers to indicate a reduction. a. Remeasure the subsidiarys income statement, statement of reeained earnings, and balance sheet into sus useng the temporad methed for the current year (assume that the BOY Retained Eacnings is 52167,448 ). Round all answers in the "in US Doliars" column to the nearest dollar. b. A Compute the remeasurement gain or loss directly assuming BOY net monetary assets of (1,027,200), a net monetary liability. Round all answers to the nearest dollar