Homework Lance
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What was the amount of the translation adjustment for 2018?
A) $52,000 decrease in relative value of net assets.
B) $60,400 decrease in relative value of net assets.
C) $60,400 increase in relative value of net assets.
D) $440,000decrease in relative value of net assets.
E) $26,000 increase in relative value of net assets.
Answer: B
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