On December $1,$ Year One, a company sells a service for $10,000$ extries $($the currency of the

country where the sale was made$)$ to be collected in six months. On that same day,

the company pays $10,000$ extries in cash for some inventory. This inventory was still held

at year$-$end. On December $1,$ Year One, one extrie is worth $$0\mathrm{.}63.$ By December $31,$ Year One,

one extries is worth $$0\mathrm{.}75.$ The company is located in Ohio and is preparing to

produce financial statements for Year One in terms of U$.$S$.$ dollars. Which of the following will

be reported on its balance sheet?

Accounts receivable will be reported at $$7,500,$ but inventory will be reported as

$$6,300.$

Accounts receivable will be reported at $$7,500,$ and inventory will also be reported

as $$7,500.$

Accounts receivable will be reported at $$6,300,$ and inventory will also be reported

as $$6,300.$

Accounts receivable will be reported at $$6,300,$ but inventory will be reported as

$$7,500.$