Perez Company’s operations are unrelated to the operations of its subsidiary. Certain balance sheet accounts of the foreign subsidiary at December 31, 2008 have been translated into U.S. dollars as follows Translated at Current Historical Rates Rates Accounts Receivable, current $200,000 $220,000 Accounts receivable, long-term 130,000 140,000 Prepaid Insurance 50,000 55,000 Goodwill 100,000 110,000 If the accounting is in accordance with SFAS No.52, what total should be included in Perez’s balance sheet at December 31, 2008, for the foregoing items?
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