ZURN Inc. starts a subsidiary in a foreign country on January 1, 2009. The foreign subsidiary reports the 12/31/09 trial balance below, expressed in the foreign currency (SF). Credit Debit 7,600 11,200 23,000 2,300 3,500 12/31/2009 Trial Balance (SF) Cash Accounts Receivable Equipment (purchased 1/8/09) Accumulated Depr Land (purchased 1/1/09) Accounts Payable Notes Payable (issued 1/3/09) Common Stock (issued 1/1/09) Dividends Paid (10/1/09) Sales Salary Expense Depreciation Expense Miscellaneous Expense Totals 5,600 7,800 10,000 7,000 45,800 7,880 2,300 9,020 71,500 71,500 Exchange Rates (per SF) 1/1/2009 1/3/2009 1/8/2009 10/1/2009 12/31/2009 Weighted Average for 2009 $1.71 $1.69 $1.66 $1.60 $1.64 $1.65 Assume instead that the foreign subsidiary's functional currency is JK. What is the foreign subsidiary's retained earnings (in US$) on 12/31/09? $32,690 $33,615 $35,372 $36,356