On Jan 1, 2000, Poplar Creek, US Company, acquired subsidiary RoadTime Company, a Swiss Company. RoadTime's december 31, 2000, trial balance in SF was as follows: Rate USD Average Current Historical Foreign Financial Statements - Adjusted Trial Balance Debit SF Rate Type Cash 7,000 AR 20,000 Receivable from Poplar Creek 5,000C Inventory 25,000C Plant and Equipment 100,000 Cost of goods sold 70,000 A Depreciation expense 10,000 A Operating expense 30,000 Dividends 15,000 H Total Debits Adjusted Total Debits Accumulated depreciation AP Bonds payable Common stock Sales Total Credits 10,000C 12,000 C 50,000 60,000 H 150,000 Adjusted Total Credits Additional Information 1 - Dividends were declared and paid on November 1 2- Exchange rates were as follows: Jan 1 March 1 Nov 1 Dec 31 20xd average 0.73 0.74 0.77 0.80 0.75 REQUIRED: 1 - Prepare a schedule translating the Dec 31 trial balance into USD - using the TRANSLATION METHOD. 2- Prepare a full set of financial statements for Road Time in USD