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Business, 05.05.2020 19:27 Queenjlife2583

Certain balance sheet accounts of a foreign subsidiary of Parker Company at December 31, 2020, have been restated into U. S. dollars as follows: Restated at Current Rates Historical Rates Accounts receivable $47,500 $ 45,000Notes receivable- long term $95,000 $90,000Inventory (at NRV) $76,000 $77,000Land $57,000 $54,000Equipment (net) $142,500 $135,000Total $418,000 $401,000Assuming the functional currency of the subsidiary is the local currency, what total should be included in Parker's consolidated balance sheet at December 31, 2020, for the above items

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