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: Date January 1 March 1 November 1 Rate $1.60 $1.70 $1.62 Date December 31 Weighted Average for Year Rate $1.68 $1.65 Assume the FCU is not the functional currency of the subsidiary (remeasurement). 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 40,000 U.S. Dollars Account Title Dr. Cash Accounts Receivable 130,000 Land & Building Accumulated Depreciation reciation 200,000 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