Fundamentals of Advanced Accounting 5th Edition by Joe Ben Hoyle,Thomas Schaefer,Timothy Doupnik

Exercise 24

Certain balance sheet accounts of a foreign subsidiary of Rose Company have been stated in U.S. dollars as follows:

This subsidiary's functional currency is the U.S. dollar. What total should Rose's balance sheet include for the preceding items
A) $430,000.
B) $435,000.
C) $440,000.
D) $450,000.