Required information Certain balance sheet accounts of a foreign subsidiary of Orchid Company have been stated in U.S. dollars as follows: stated at Current Historical Rates Accounts receivable, current $ 240,000 $ 260,000 Accounts receivable, long term 148,000 151,000 Land 74,000 77,000 Patent 104,000 109,000 $ 566,000 $ 597,000 This subsidiary's functional currency is a foreign currency. What total should Orchid's balance sheet include for the preceding items? Multiple Choice $566,000 $574,000 0 $571000 O $577,000 Required information Certain balance sheet accounts of a foreign subsidiary of Orchid Company have been stated in U.S. dollars as follows: Stated at Current Historical Rates Rates Accounts receivable, current $ 240,000 $ 260,000 Accounts receivable, long term 148,000 151,000 Land 74.000 77.000 Patents 104.000 109,000 $566,000 $ 597,000 This subsidiary's functional currency is the U.S. dollar. What total should Orchid's balance sheet include for the preceding items? Multiple Choice $566,000 $574,000 o $577,000 $571000