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Please assist on working this question. TIA Assume SuperValu s functional currency is the krona and translate SuperValu's 2 0 2 2 ending trial balance

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Please assist on working this question. TIA
Assume SuperValus functional currency is the krona and translate SuperValu's 2022 ending trial balance into US dollars. Include a schedule calculating the 2022 translation gain or loss, appearing in other comprehensive income for 2022.P7.2 ExistingSubsidiary-Remeasurement PennymarketsCorporation,aU.S.firm,acquiredSuperValu,
on January 1,2022. SuperValu is a Swedish company that has been in existence for several years, and
whose functional currency is the U.S. dollar. Comparative account balances for January 1 and December
31,2022, appear below, measured in krona (kr), the Swedish currency.
Exchange rates in 2022 were:
Required
Remeasure SuperValu's 2022 ending trial balance into U.S. dollars. Include a schedule calculating the
2022 remeasurement gain or loss, appearing in 2022 income.
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