Shamus Inc, acquired a subsidiary, Cork Corporation in 2023. Cork Corporation's balance sheet is stated in Euros. When Shamus Inc acquired Cork in 2023, a Euro was worth $1.12. Cork earned its income during 2023, when the average exchange rate was $1.21. By December 31, 2023, the euro had dropped to $1.07. At December 31, 2023, Cork had current assets on their books of 1,050,000 Euros; long term assets of 2,750,000; current liabilities were 495,000 Euros; long term bonds of 1,200,000; common stock was 678,000 Euros and retained earnings was 1,427,000 Euros.

Required:

Shamus Inc. is now preparing their consolidated balance sheet. Your job is to translate Cork's balance sheet from Euros to dollars.