$*.$Use the following information to answer questions $(27-40)$

Placo Ltd$.,$ a Scottish subsidiary of Limko, Inc., a U$.$S$.$ company, showed cost of goods sold on its income statement for the year ended December $31,2010.$

Inventory, $\frac{1}{1}\frac{?}{10}$

$100,000$

$900,000$

$1,000,000$

$200,000$

$800,000$

Purchases

Cost of Goods Available for sale

$1,000,000$

Inventory, $12/31/10$

$200,000$

Cost of Goods Sold

December $31,2010$

$$0\mathrm{.}522$

December $31,2009$

$$0\mathrm{.}560$

$2010$ average

$$0\mathrm{.}547$

$31-$ What amount should be used to consolldate Place's cost of coods sold into Uimko's income statement under the temporal method?

A$.$ $$437,600$

B$.$ $$56,000$

C$.5492,300$

D$.$ $$443,900$

$32-$ What was the exchange rate on December $31,2009?$

A$.50\mathrm{.}522$

C$.50\mathrm{.}547$

B$.50\mathrm{.}560$

D$.50\mathrm{.}50$