xisting Subsidiary-Remeasurement Pennymarkets Corporation, a U.S. firm, acquired Super. Valu, on January 1, 2016. Super Valu is a Swedish company that has been in existence for several years, and whose functional currency is the U.S. dollar. Comparative account balances for January 1 and De cember 31,2016, appear below, measured in krona (kr), the Swedish currency P7.2 Dr (Cr) Account Balances January 1 December 31 kr 240,000 360,000 2,000,000 (200,000) (600,000) (400,000) (1,160,000) (1,200,000) 320,000 640,000 Accounts receivable, net. 400,000 2,320,000 (535,000) (800,000) (400,000) (1,160,000) Other expenses kr kr Exchange rates in 2016 were: Date $/kr $0.13 0.14 Required Remeas 2016 remeasurement gain or loss, appearing in 2016 income. ure Super Valu's 2016 ending trial balance into U.S. dollars. Include a schedule calculating the