On January 1, 20X1. Popular Creek Corporation organized Suntime Company as a subsidiary in Swizerland with an initial investment cost of Swiss francs (SFt) 67,000. Suntime's December 31, 201, trial balance in SFt is as follows: Additional Information 1. The receivable from Popular Creek is denominated in Swiss francs. Popular Creek's books show a $6,040 payable to $ suatiaie, 2. Purchases of inventory goods are made evenly during the year. items in the ending inventory were porchased November 1 3. Equipment is depreciated by the straight-line method with a 10 -year ife and no residual value. A full year's depreciation is taken in the year of acquisition. The equipment was acquared on March 1 4. The dividends were declared and paid on November 1 5. Exchange rates were as follows: 6. The Swiss franc is the functional currency? Prepare a schedule translating the December 31,201, trial balance from Swiss frani 'No entry necessary'.)