Oriola Companywas incorporated on January 1, 2016, at which time all the property, plant, and acuipment was purchased. The lonzterm nates wers issuad to partially finance the purchase of the fixad assats. Diract ecchange rates for the British pound are as follows: The January 1, 2024, ratainad earnings balance of Oriole in dollars was $1,619,965, and the cumulativa translation adjustment was a debit balance of $940,521. The besinning inventory of 397,000 was acquired during the last quarter of 2023 and the ending inventory was acquired during the last five manths of 2024 . Sales were made and purchases and other expenses were incurred evenly during the year. Translate the December 31, 2024, account balances of Oriole Company into dollars assuming that the pound is the functional currancy af Orible Campany. (Round answers to 0 decimal places, e.s. 5,125. Enter lass and debit cumulative translation adjustment using either a negative sign preceding the number e.8 2,945 or parentheses e.8. (2,945)U
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