Westmore, Ltd. is a British subsidiary of a U.S. company. Westmore's functional currency is the pound sterling (< ).The following exchange rates were in effect during 2011:
Jan. 1 . . . . . . . . . . . . . . L 1 = 1,60
June 30 . . . . . . . . . . . . . . . . . . . . . . . L 1 = 1,64
Dec 31 . . . . . . . . . . . . . . . . . . . . . . . . L 1 = 1.61
Weighted average rate for the year . . . L 1 = 1.59
Westmore reported sales of < 1,500,000 during 2011. What amount (rounded) would have been included for this subsidiary in calculating consolidated sales.