The following assets of Poole Corporation's Romanian subsidiary have been converted into U.S. dollars at the following exchange rates:

	Current Rates	Historical Rates
Accounts receivable	$850,000	$875,000
Trademark	600,000	575,000
Property plant and equipment	1,200,000	900,000
Totals	$2,650,000	$2,350,000

The functional currency of the subsidiary is the U.S. dollar and the books are kept in a different currency. The assets should be reported in the consolidated financial statements of Poole Corporation and Subsidiary in the total amount of

a. 2,325,000

b. 2,350,000

c. 2,375,000

d. 2,650,000