On January 1, 201, Popular Creek Corporation organized SunTime Company as a subsidiary in. Switzerland with an initial investment. cost of Swiss francs (SFr) 73,000, SunTime's December 31, 20X1, trial balance in SFr is as follows: Additional Information 1. The receivable from Popular Creek is denominated in Swiss francs. Popular Creek's books show a \$4,700 payable to SunTime. 2. Purchases of inventory goods are made evenly during the year. ltems in the ending inventory were purchased November 1 . 3. Equipment is depreciated by the straight-line method with a 10 -year life and no residual value. A full year's depreciation is taken in the year of acquisition. The equipment was acquired on March 1. 4. The dividends were declared and paid on November 1 . 5. Exchange rates were as follows: Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare a proof of the translation adjustment