Mori Inc Is a Company Located in Canada and It Uses

Mori Inc. is a company located in Canada and it uses the Canadian dollar as its functional currency. Mori Inc. began operations on January 1, 2012. Its shareholders are European. They would like the financial statements to be presented in Euros. The following is an excerpt from Mori Inc.'s financial statements for the 2012 and 2013 years. The changes in Other Comprehensive Income occurred evenly throughout the years. Dividends were declared at year-end.
$\begin{array}{l}\text { For the year ended December 31, } 2012\\\text { Income before income tax } & 100,000 \\\text { Income tax expense } & 50,000 \\ \text { Net income } & 50,000\end{array}$



The following exchange rates exist for the Euro relative to the Canadian dollar:
January 1, 2012 $1 Canadian = $1.40 Euro
December 31, 2012 $1 Canadian = $1.45 Euro
Average 2012 = $1 Canadian = $1.47 Euro
December 31, 2013 = $1 Canadian = $1.50 Euro
Average 2013 = $1 Canadian = $1.52 Euro
Required:
Translate the Mori Inc. financial statements as at December 31, 2013 from its functional currency to its presentation currency.