Our subsidiary also reports the following additional financial statement information: In Euros (2) Beginning inventory 2,235,000 Purchases 5,847.000 Ending inventory (2 682,000 Cost of Goods Sold 5,400,000 Land 1,960,800 Building 3,600,000 Accum Deprec - Building (1 800,000) Equipment 2,400,000 Accum Deprec - Equipment (1 200,000) PPE. net 4,960,800 Depreciation expense - building 180,000 Depreciation expense - equipment 240,000 Depreciation expense 420,000 The relevant exchange rates for the BUS value of the Euro ({) are as follows: BOY Rate 31 30 BOY nate $1 40 Avg. rate $1 35 Dividend rate $1.38 Historical nces: Beginning inventory $1 30 Land :0.60 Building $0.60 Equipment $0.62 Historical race (Common Stock and APIC) :0.50 Required: Remeasure the subsidiary's income statement, statement of retained cumings, and balance sheet into BUS using the temporal method for the current year (assume that the BOY Retained Earnings is $3,484 740)