[The following information applies to the questions displayed below.] Certain balance sheet accounts of a foreign subsidiary of Orchid Company have been stated in U.S. dollars as follows: Accounts receivable, current Accounts receivable, long term Land Patents Current Rates $ 225,000 130,000 65,000 95,000 $ 515,000 Stated at Historical Rates $ 245,000 140,000 70,000 100,000 $ 555,000 to This subsidiary's functional currency is a foreign currency. What total should Orchid's balance sheet include for the preceding items?

[The following information applies to the questions displayed below.] Certain balance sheet accounts of a forelgn subsidiary of Orchid Company have been stated in U.S. dollars as follows: is subsidiary's functional currency is o foreign currency. What total should Orchid's balance sheet include for the eceding items? $525,000 $515,000 $520,000 $535,000