please solve neatly

(AICPA adapted EXERCISE 13-4 Foreign Currency Translation-Current Rate Method LO 7 On January 1, 2014, Trenten Systems, a U.S.-based company, purchased a controlling interest in Grant Management Consultants located in Zurich, Switzerland. The acqui sition was treated as a purchase transaction. The 2014 financial statements stated in Swiss francs are given below. 500 GRANT MANAGEMENT CONSULTANTS Comparative Balance Sheets January 1 and December 31, 2016 De 37 55.000 Cash and Receivables Net Property, Plan, and Equipment Totals Accounts and Notes Payable Common Stock Retained Earnings Totals 20.000 40.000 DOD 30.000 20.000 10,000 60.000 33.000 20.000 40.000 92.000 Revenues Operating Expenses including Depreciation of 3.000 francs Net Income Dividends Declared and Paid Increase in Retained Earnings Direct exchange rates for Swiss frane are: GRANT MANAGEMENT CONSULTANTS Consolidated Income and retained Earnings Statement for the Year Ended December 31, 2014 75.000 30,000 45.000 15.000 30,000 Dollars per Swiss Franc $1.09 January 1, 2014 December 31, 2014 Average for 2014 Dividend declaration and payment date 1.03 1.06 1.08 Required: A. Translate the year-end balance sheet and income statement of the foreign subsidiary using the current rate method of translation B. Prepare a schedule to verify the translation adjustment