Certain Balance Sheet Accounts of a Foreign Subsidiary of Parker

Certain balance sheet accounts of a foreign subsidiary of Parker Company at December 31, 2013, have been restated into U.S. dollars as follows: $\begin{array}{lrr}&\text { Restated at }\\&\text { Current Rates } & \text { Historical Rates } \\\text { Cash } & \$ 47,500 & \$ 45,000 \\\text { Accounts receivable } & 95,000 & 90,000 \\\text { Inventory, at market } & 76,000 & 72,000 \\\text { Land } & 57,000 & 54,000 \\\text { Equipment (net) } & \underline{142,500} & 135,000 \\\quad \text { Total } & \$ 418,000 & \$ 396,000\end{array}$ Assuming the functional currency of the subsidiary is the U.S. dollar, what total should be included in Parker's consolidated balance sheet at December 31, 2013, for the above items?

A) $407,500.
B) $418,000.
C) $396,000.
D) $403,500.
E) $398,500.