Stuff Company is a subsidiary of Pland Corporation and is located in Madrid, Spain, where the currency is the euro (). Data on Stuffs inventory and purchases are as follows: Inventory, January 1, 20X7 234,000 Purchases during 20X7 860,000 Inventory, December 31, 20X7 195,000 The beginning inventory was acquired during the fourth quarter of 20X6, and the ending inventory was acquired during the fourth quarter of 20X7. Purchases were made evenly over the year. Exchange rates were as follows: $ Fourth quarter of 20X6 1 = 1.29015 January 1, 20X7 1 = 1.32030 Average during 20X7 1 = 1.39655 Fourth quarter of 20X7 1 = 1.45000 December 31, 20X7 1 = 1.47280 Required: a. Show the remeasurement of cost of goods sold for 20X7, assuming that the U.S. dollar is the functional currency. (Round your intermediate calculations and final answer to nearest dollar amount.) b. Show the translation of cost of goods sold for 20X7, assuming that the euro is the functional currency. (Round your final answer to nearest dollar amount.)