Sullivan's Island Company began operating a subsidiary in a foreign country on January 1,2020 , by investing capital in the amount of 50,000 pounds. The subsidiary immediately borrowed 144,000 pounds on a five-year note with 10 percent interest payable annually beginning on January 1, 2021. The subsidiary then purchased for 194,000 pounds a building that had a 10-year expected life and no salvage value and is to be depreciated using the straight-line method. Also on January 1, 2020, the subsidiary rented the building for three years to a group of local attorneys for 7,700 pounds per month. By year-end, rent payments totaling 77,000 pounds had been received, and 15,400 pounds was in accounts receivable. On October 1, 2020, 3,600 pounds was paid for a repair made to the building. The subsidiary transferred a cash dividend of 13,700 pounds back to Sullivan's Island Company on December 31,2020 . The functional currency for the subsidiary is the pound. Currency exchange rates for 1 pound follow: Prepare a statement of cash flows in pounds for Sullivan's Island Company's foreign subsidiary, and then translate this statement into U.S. dollars. (Round your exchange rate answers to \\( \\mathbf{2} \\) decimal places. Amounts to be deducted and cash outflows should be Indicated with minus sign.) \\begin{tabular}{|l|l|l|l|} \\hline \\multicolumn{3}{|c|}{ SULLIVAN'S ISLAND COMPANY } \\\\ \\hline \\multicolumn{2}{|c|}{ Statement of Cash Flows } & U.S. Dollars \\\\ \\hline Operating Activities: & & & \\\\ \\hline & & & \\\\ \\hline & & & \\\\ \\hline & & & \\\\ \\hline Cash flow from operating activities & & & \\\\ \\hline Investing Activities: & & & \\\\ \\hline & & & \\\\ \\hline & & & \\\\ \\hline Cash flow from investing activities & \\( \\$ \\) & & \\\\ \\hline Financing Activities: & & & \\\\ \\hline & & & \\\\ \\hline & & & \\\\ \\hline Endect of exchange rate change on cash & & & \\\\ \\hline Beginning balance in cash & & & \\\\ \\hline Ending balance in cash & & & \\\\ \\hline \\end{tabular}