PLEASE SHOW WORKING AND GIVE CLEAR DETAILED EXPLANATIONS AS THIS QUESTION IS WORTH 5 MARKS. THANKS! Entity A is a stand-alone entity (it is not part of a group). Its functional currency is CU. However, Entity A is required by law to present its financial statements in USD, which is the local currency of the country in which it operates. Entity A has a 31 December financial year-end. The exchange rates: - at 31 December 201 and 31 December 20X2 are CU1 = USD2 and CU1 = USD2.2 respectively. - In 202 Entity A paid a dividend of CU3,000 when the rate of exchange was CU1= USD2.25. - The share capital was issued when the exchange rate was CU1 = USD1.8. Statement of comprehensive income for the vear ended 31 December 202 Required: If the Translation difference converting from CUTO USD IS 12,700, what is the Total Comprehensive Income for the year ended 202 ? PLEASE SHOW WORKING AND GIVE CLEAR DETAILED EXPLANATIONS AS THIS QUESTION IS WORTH 5 MARKS. THANKS! Entity A is a stand-alone entity (it is not part of a group). Its functional currency is CU. However, Entity A is required by law to present its financial statements in USD, which is the local currency of the country in which it operates. Entity A has a 31 December financial year-end. The exchange rates: - at 31 December 201 and 31 December 20X2 are CU1 = USD2 and CU1 = USD2.2 respectively. - In 202 Entity A paid a dividend of CU3,000 when the rate of exchange was CU1= USD2.25. - The share capital was issued when the exchange rate was CU1 = USD1.8. Statement of comprehensive income for the vear ended 31 December 202 Required: If the Translation difference converting from CUTO USD IS 12,700, what is the Total Comprehensive Income for the year ended 202