Pike Corporation, a U The Subsidiary's Adjusted Trial Balance Is Presented Below for the Company

Pike Corporation, a U.S.Company, formed a subsidiary with a new company in London on January 1, 2014, by investing 500,000 British pounds in exchange for all of the subsidiary's common stock.The subsidiary purchased land for 100,000 pounds and a building for 300,000 pounds on July 1, 2014.The building is being depreciated over a 40-year life by the straight-line method.The inventory is valued on an average cost basis.The British pound is the subsidiary's functional currency and its reporting currency and has not experienced any abnormal inflation.Exchange rates for the pound on various dates were: $\begin{array}{ll}\text { January } 1,2014 & 1 \text { pound }=1.81 \\\text { July } 1,2014 & 1 \text { pound }=1.86 \\\text { December } 31,2014 & 1 \text { pound }=1.83 \\2014 \text { average rate } & 1 \text { pound }=1.82\end{array}$
The subsidiary's adjusted trial balance is presented below for the year ended December 31, 2014.
Required: Prepare the subsidiary's:
A.Translated workpapers (round to the nearest dollar)
B.Translated income statement
C.Translated balance sheet