A Belgium subsidiary's beginning and ending trial balances appear below:

purchased at the end of the year, and the beginning inventory was purchased at the end of the previous year.

If the subsidiary's functional currency is the euro, what is the translation gain or loss for the year?

Select one:

a$.$ $$1,130$ gain

b$.$ $$2,020$ loss

c$.$ $$1,030$ gain

d$.$ $$810$ loss