"""Readable foreign-currency remeasurement and translation bridge."""

from math import isclose


def money(amount: float) -> str:
    """Format dollars with commas and parentheses."""
    number = f"{abs(amount):,.0f}"
    return "$(" + number + ")" if amount < 0 else "$" + number


euro_receivable = 200_000.0
initial_amount = euro_receivable * 1.08
closing_amount = euro_receivable * 1.11
year_5_gain = closing_amount - initial_amount
settlement_amount = euro_receivable * 1.10
next_period_gain_loss = settlement_amount - closing_amount

translated_net_income = 780_000.0 - 700_000.0
ending_re = 190_000.0 + translated_net_income - 20_000.0
cta = 1_420_000.0 - 610_000.0 - 500_000.0 - ending_re

print("Moraine — transaction remeasurement")
for label, value in [
    ("Initial receivable at $1.08/EUR", initial_amount),
    ("Closing receivable at $1.11/EUR", closing_amount),
    ("Year 5 transaction gain", year_5_gain),
    ("Next-period settlement gain/(loss)", next_period_gain_loss),
    ("Translated net income", translated_net_income),
    ("Ending retained earnings", ending_re),
    ("Translation adjustment (CTA)", cta),
]:
    print(f"{label:<38} {money(value):>14}")
controls_pass = isclose(year_5_gain, 6_000, abs_tol=0.01) and isclose(
    cta, 60_000, abs_tol=0.01
)
print("\nControls:", "PASS" if controls_pass else "FAIL")
print("Boundary: functional currency and rates are supplied, not selected here.")