The following is the summarised version of the Balance Sheet of Multinational Company. Its Functional Currency is USD and Reporting Currency is DM. The current rate is 0.3350 DM/USD, Average rate is 0.3432DM/USD and Historical rate is 0.3490 DM/USD Assets Amount Liabilities & Net Worth Amount KUSD) KUSD) Cash 50,000 Owner's Equity 100,000 Inventory 25.000 Retained Earnings 20,000 Goodwill 25,000Other Current Liabilities 10,000 Plant and Machinery 30,000 Long Term Debts 5,000 Account Receivable 15,000 Accounts Payable 10.000 Total 145,000 Total 145,000 Translate the Balance Sheet into the Reporting Currency using current rate method, temporal method, monetary & non-monetary method and current/ non-current method. Determine whether there is an accounting gain or loss using these methods. Marks 10 -4 x 2.51