Calculate Tristan Narvaja's contribution to its parent's translation gain or loss using the current rate method if

Question:

Calculate Tristan Narvaja's contribution to its parent's translation gain or loss using the current rate method if the exchange rate on December 31 is $U12/$. Assume all peso accounts remain as they were at the beginning of the year.

Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...