StopnShop was organized in Hong Kong on January 1, 2017, with a capital stock issue that yielded HK\($100\) million. The exchange rate at that date was \($0.10/HKS.\) Transactions for 2017 and the relevant exchange rates are shown below. The average exchange rate for 2017 was \($0.12/HKS,\) and the ending exchange rate was \($0.15/HK$.\) On January 5, equipment was purchased for HK\($40\) million in cash. The exchange rate was \($0.11/\) HK\($.\) The equipment is straight-line depreciated over 10 years. Merchandise purchases of HK\($250\) million were made evenly throughout the year. StopnShop uses FIFO and its 2017 ending inventory cost HK\($20\) million and was acquired on December 20, when the exchange rate was \($0.14/HK$.\) At year-end, StopnShop owed HK\($25\) million to suppliers. Merchandise sales of HK\($260\) million were made evenly throughout the year. At year-end, customers owed HK\($10\) million to StopnShop. Operating expenses of HK\($25\) million, paid in cash, were incurred evenly throughout the year. 

Required 

Prepare StopnShop's December 31, 2017 balance sheet and 2017 statement of comprehensive income, in U.S. dollars, assuming its functional currency is

(a) the U.S. dollar, and

(b) the Hong Kong dollar. 

Show the calculation of the 2017 remeasurement and translation gain or loss.