Required information Boerkian Co. started 2018 with two assets: Cash of $26,000 (Stickles) and Land that originally cost $72,000 when acquired on April 4, 2015. On May 1, 2018, the company rendered services to a customer for $36,000, an amount immediately paid in cash. On October 1, 2018, the company incurred an operating expense of $22,000 that was immediately paid. No other transactions occurred during the year so an average exchange rate is not necessary. Currency exchange rates were as follows: April 4, 2015 January 1, 2018 May 1, 2018 October 1, 2018 December 31, 2018 51 $0.28 1 $0.29 51 $0.30 51 $0.31 51 $0.35 cequired: ssume that Boerkian was a foreign subsidiary of a U.S. multinational company and the local currency of the subsidiary (stickle) is the unctional currency. On the December 31, 2018 balance sheet, what was the translated value of the Land account