On January 1, 2020, Pop Inc. organized Sun Inc. as a subsidiary in Switzerland. The Swiss franc is the functional currency. Sun's December 31, 2020, trial balance in Swiss francs is as follows: Debit Credit Cash SFr 10,000 40,000 Accounts Receivable (net) Inventory 60,000 200,000 Equipment Accumulated Depreciation SFr 20,000 Accounts Payable Bonds Payable 30,000 100,000 120,000 300,000 Common Stock Sales Revenue 140,000 Cost of Goods Sold Depreciation Expense 20,000 70,000 Operating Expense Dividends Paid 30,000 Total SFr570,000 SFr570,000 Purchases of inventory are made evenly during the year. Ending inventory was purchased November 1. Equipment is depreciated by the straight-line method wih a 10-year life and no residual value. A full year's depreciation is taken the year of acquisition. The equipment was acquired February 1. The dividends were declared and paid October 1. Exchange rates were as follows: January 1 SFr1 $0.80 November 1 SFr1 - $0.88 February 1 SFr1 - $0.82 December 31 SFr1 = $0.90 October 1 SFr 1 - $0.86 2020 average SFr1 = $0.85 Identify the following statements that are TRUE regarding the translation of the December 31 trial balance from Swiss francs to U.S. dollars. The translated amount for Depreciation Expense is $17,000. The translated amount for Common Stock is $96,000. The translated amount for Dividends Paid is $24,000. The translated amount for Operating Expenses is $59.500. The translated amount for Bonds Payable is $85,000. The translated amount for Inventory is $51,000. The translated amount for Sales Revenue is $270,000. The translated amount for Cost of Goods Sold is $126,000. The translated amount for Equipment is $180,000. The translated amount for Accumulated Depreciation is $18,000. The translated amount for Accounts Receivable is $36.000