The functional currency of Ganados European subsidiary is the euro, and the reporting currency of its parent, Ganado Corporation, is the U.S. dollar. The spot rate is the market is changed from $1.20/ to $1.10/ on January 2nd, 2016.

Plant and equipment and long-term debt and common stock issued some time in the past when the exchange rate was $1.2760/

Inventory currently on hand was purchased or manufactured during the immediately prior quarter when the average exchange rate was $1.2180/

Please fill in the blanks of A=, B=, C=, D=, E=, F=, G=.

Current Method 2-Jan-16 Temporal Method 2-Jan-16 Original Account Assets Exchang US 1.1 cash account receivable inventory Net plant Total in Euros 1,600,000 3,200,000 2,400,000 4,800,000 12,000,000 Exchang US 1.1 $1,760,000 1.1 $3,520,000 1.1 A 1.1 B 1.1 1.218 1.276 1,760,000 3,520,000 2,923,200 6,124,800 E 1.1 1.1 Liabilities and Net Worth account payable short term debt long term debt common stock retained earning translation gain /loss Total 800,000 1,600,000 1,600,000 1,800,000 6,200,000 1.1 1.276 1.2437 $880,000 1.1 $1,760,000 1.1 $1,760,000 1.1 $2,296,800 1.276 $7,710,940 1.2437 D 880,000 1,760,000 1,760,000 2,296,800 F G E 12,000,000 The functional currency of Ganado's European subsidiary is the euro, and the reporting currency of its parent, Ganado Corporation, is the U.S. dollar. The spot rate the market is changed from $1.20/ to $1.10/ on January 2nd, 2016. -Plant and equipment and long-term debt and common stock issued some time in the past when the exchange rate was $1.2760/ Inventory currently on hand was purchased or manufactured during the immediately prior quarter when the average exchange rate was $1.2180/ Please fill in the blanks of A= B= C= D- E= F= G=