Shamus Inc, acquired a subsidiary, Cork Corporation in 2023. Cork Corporation's balance sheet is stated in British Pounds. When Shamus Inc acquired Cork in 2023, a pounds was worth $1.07. Cork earned its income during 2023, when the average exchange rate was $1.03. By December 31, 2023, the Pound had increased to $1.17. At December 31, 2023, Cork had current assets on their books of 1,070,000 Pounds; long term assets of 2,730,000; current liabilities were 395,000 Pounds; long term bonds of 1,300,000; common stock was 687,000 pounds and retained earnings was 1,418,000 Pounds. Required: Shamus Inc. is now preparing their consolidated balance sheet. Your job is to translate Cork's balance sheet from British Pounds to U.S. dollars.