SFr Rate USD Period Rate

Cash 7,000 0.80 5,600 1/1 0.73

AR 20,000 0.80 16,000 1/3 0.74
Receivable from Pola 5,000 0.80 4,000 1/11 0.77
Inventory 25,000 0.80 20,000 31/12 0.80
Plant & Equipment 100,000 0.80 80,000 Average 0.75
Cost of Goods Sold 70,000 0.75 52,500
Depreciation Expense 10,000 0.75 7,500
Operating Expense 30,000 0.75 22,500
Dividend 15,000 0.77 11,550
Total 282,000 219,650

Acc. Depreciation 10,000 0.80 8,000

Acc. Payable 12,000 0.80 9,600
Bonds Payable 50,000 0.80 40,000
Common Stock 60,000 0.73 43,800
Sales 150,000 0.75 112,500
Total 282,000 213,900
Acc. OCI 5,750

Total 219,650