10. At the beginning of 2010, Bean Inc. had two assets: Cash of 30,000 and Land which originally cost $50,000 when acquired on June 30, 2008. On August 18, 2010, the company rendered services to a customer for 480,000, an amount that was paid in cash. On November 15, 2010, the company incurred an operating expense of 26,000, which was immediately paid. No other transactions occurred during the year. Currency exchange rates were as follows: Date Spot Rate June 30, 2008 0.008850 = \1 January 1, 2010 0.009280 1 August 18, 2010 0.009350 1 November 15, 2010 0.009450 1 December 31, 2010 0.009680 1 Bean Inc. is a Japanese subsidiary of an American company, and the U.S. dollar is the functional currency of the parent and the subsidiary. What is the remeasurement gain or loss for 2010? A. B. C. D. $ 32.42 gain $ 32.42 loss $278.40 gain $245.70 loss $813.12 gain