Big Cо оwns 90% оf the voting stock of а foreign subsidiаry locаted in France. Big's accountant has just translated the accounts of the foreign subsidiary and determined that a debit translation adjustment of $80,000 exists. If Big uses the fully adjusted equity method for its investment, what entry should Big record in order to recognize the translation adjustment? A. Other Comprehensive Income—Translation Adjustment 72,000 Investment in Italian Subsidiary 72,000 B. Other Comprehensive Income—Translation Adjustment 80,000 Investment in Italian Subsidiary 80,000 C. Investment in Italian Subsidiary 72,000 Other Comprehensive Income—Translation Adjustment 72,000 D. No entry required