Pilsner Company

Multiple Choice

Pilsner Company.converts its foreign subsidiary financial statements using the translation process.The company's subsidiary in the Czech Republic reported the following for 2014: revenues and expenses of 25,000,000 and 18,500,000 koruna,respectively,earned or incurred evenly throughout the year,dividends of 1,500,000 koruna were paid during the year.The following exchange rates are available:

Translated net income for 2014 is

A) $148,500.
B) $227,500.
C) $175,000.
D) $195,000.