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R7 U.S. Multinational Corporation's subsidiary in Bangkok has on its books fixed assets valued at 363000 baht. One-third of assets were acquired two year ago

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R7 U.S. Multinational Corporation's subsidiary in Bangkok has on its books fixed assets valued at 363000 baht. One-third of assets were acquired two year ago when the exchange rate was THB 36=$1. The other fixed assets were acquired last year when the exchange rate was THB 36= $1. Each layer of fixed assets is being deprecated straight-line with an estimated useful life of 20 year. Relevant exchange rates for the current year are Year-end rate THB 32=$1 Average rate THB 39=$1 Calculate the Thai subsidiary's depreciation for the current year, assuming the baht is the functional currency

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