Parent, Inc. started a subsidiary in a foreign country on January 1. The subsidiary issued no-par common stock to the parent on that date. Land and building were purchased on March 1. The dividend was declared and paid on November 1. Revenues and expenses occur evenly throughout the year. Exchange rates are as follows: Rate Rate Date January 1 March 1 November 1 $1.60 $1.70 $1.62 Date December 31 Weighted Average for Year $1.68 $1.65 Assume the FCU is the functional currency of the subsidiary translation). From the following listing of accounts & balances, prepare a trial balance in U.S. dollars. Be sure to completely & accurately label each line added as needed. Parent, Inc. Trial Balance at December 31 Exchange FCUS Rate U.S. Dollars Dr. Account Title Cash 40,000 Accounts Receivable 130,000 Land & Building 200,000 Accumulated Depreciation 15,000 Note Payable 125,000 Common Stock 180,000 Dividends 25,000 Sales 220,000 Expenses (other than depreciation) 130,000 Depreciation Expense 15,000