On January 1, 20X1, Popular Creek Corporation organized SunTime Company as a subsidiary in Switzerland with an initial investment cost of Swiss francs (SFr) 77,000. SunTime's December 31, 20X1, trial balance in SFr is as follows: Additional Information 1. The recelvable from Popular Creek is denominated in Swiss francs. Popular Creek's books show a $5,600 payable to Suntime, 2. Purchases of inventory goods are made evenly during the yeacitems 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: 6. The Swiss franc is the functional currency Required: Prepare a schedule translating the December 31,201, tribl balance from SWis francs to dollais Note: If no odjustment is needed, select 'No entry necessory'. Prepare a schedule translating the December 31,20X1, trial balance from Swiss francs to dollars. Note: If no adjustment is needed, select 'No entry necessary