Which of the following statements is true regarding a parent company$$s adjustment resulting from the translation of the differential?

Multiple choice question.

The subsidiary company$$s income statement should include the translation adjustment amount.

The subsidiary company$$s translation adjustment should be translated at the current exchange rate and included in the retained earnings.

The parent company$$s net income should include the translation adjustment amount.

The parent company$$s original investment in the subsidiary should be revised based on new exchange rates.