The current exchange rate of Saudi Arabian riyal is SR4 per \($1.\) The Exton Company, the Saudi Arabian subsidiary of a US multinational company, has the following balance sheet:

If the Saudi Arabian riyal devalues from SR4 per \($1\) to SR5 per \($1,\) what would be the translation loss (gain) under each of the following methods: currentoncurrent, monetary/
nonmonetary, temporal, and current-rate?

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Assets Cash Claims on assets SR 500 Accounts receivable 600 Accounts payable SR 100 Inventory (cost) 400 Notes payable 200 Inventory (market price) 800 Other payables 1,000 Total current assets SR2,300 Total current liabilities SR1,300 Long-term debt 800 Plant and equipment 2,400 Common stock 1,000 Accumulated depreciation (1,400) Retained earnings 200 Net plant and equipment 1,000 Exchange loss or gain Total assets SR3,300 Total claims SR3,300