On January 1, 2018, Fandu Corp

Essay

On January 1, 2018, Fandu Corp.began operations of a foreign subsidiary.On April 1, 2018, the subsidiary purchased inventory costing 150,000 stickles.One-fourth of this inventory remained unsold at the end of 2018 while 40% of the liability from the purchase had not yet been paid.The pertinent indirect exchange rates were:
Required:
What should have been the December 31, 2018 inventory and accounts payable balances for this foreign subsidiary as translated into U.S.dollars? (Round your answers to the nearest whole dollar.)