Sally Inc. a U.S. based company consolidates a subsidiary for which the functional currency is the local currency.

Required: For each financial statement item listed below, correctly match the currency rate used to convert the foreign currency denominated amounts to the U.S. dollar. Utilize the following code: CR = Current exchange rate HR = Historical exchange rate AR = Average exchange rate for the period

__ Cash ___Accounts Receivable ___Inventory ___Prepaid Rent ___Property, Plant and Equipment ___Accounts Payable ___Notes Payable ___Common Stock ___Revenue ___Cost of Goods Sold