a.	Assuming the U.S. dollar is the functional currency what is the remeasurement gain or loss for 2015?

Accounts payable Accounts receivable Accumulated depreciation-buildings Accumulated depreciation-equipment Bonds payabledue 2018 Buildings Cash Common stock Depreciation expense Dividends (10/1/15) Equipment Gain on sale of building Rent expense Retained earnings Salary expense Sales Utilities expense January 1, 2015 (20,000) 49,000 (40,000) 0 (59.000) 129,000 55,000 (64,000) 0 0 0 0 0 (50,000) 0 0 0 December 31, 2015 (25,500) 99,000 (45,000) (7,000) (59,000) 102.500 10,000 (75,000) 35,000 52,000 50,000 (8,000) 19.500 (50,000) 40,000 (148,000) 9,500 Additional Information Agee issued additional shares of common stock during the year on April 1, 2015. Common stock at January 1, 2015, was sold at the start of operations in 2004 It purchased buildings in 2005 and sold one building with a book value of Kr 21,500 on July 1 of the current year. Equipment was acquired on April 1, 2015. Relevant exchange rates for 1 Kr were as follows: 2004 2005 January 1, 2015 April 1, 2015 July 1, 2015 October 1, 2015 December 31, 2015 Average for 2015 $2.65 2.45 2.75 2.85 3.05 3.15 3.25 2.95 Accounts payable Accounts receivable Accumulated depreciation-buildings Accumulated depreciation-equipment Bonds payabledue 2018 Buildings Cash Common stock Depreciation expense Dividends (10/1/15) Equipment Gain on sale of building Rent expense Retained earnings Salary expense Sales Utilities expense January 1, 2015 (20,000) 49,000 (40,000) 0 (59.000) 129,000 55,000 (64,000) 0 0 0 0 0 (50,000) 0 0 0 December 31, 2015 (25,500) 99,000 (45,000) (7,000) (59,000) 102.500 10,000 (75,000) 35,000 52,000 50,000 (8,000) 19.500 (50,000) 40,000 (148,000) 9,500 Additional Information Agee issued additional shares of common stock during the year on April 1, 2015. Common stock at January 1, 2015, was sold at the start of operations in 2004 It purchased buildings in 2005 and sold one building with a book value of Kr 21,500 on July 1 of the current year. Equipment was acquired on April 1, 2015. Relevant exchange rates for 1 Kr were as follows: 2004 2005 January 1, 2015 April 1, 2015 July 1, 2015 October 1, 2015 December 31, 2015 Average for 2015 $2.65 2.45 2.75 2.85 3.05 3.15 3.25 2.95