A Canadian company owns a self-sustaining subsidiary (i.e., the functional currency of the foreign operation is different than the parent) in Spain, where the currency is the euro (). On January 1, Year 5, the subsidiary had 500,000 in cash and no other assets or liabilities. On January 1, the subsidiary used 100,000 to purchase equipment. On April 1, the subsidiary used cash to purchase merchandise inventory costing 80,000. This merchandise was sold on May 29 for 120,000 in cash. On November 29, the subsidiary paid cash dividends in the amount of 15,000, and on December 31 it recorded depreciation on the equipment for the year of 20,000. The appropriate exchange rates were as follows:

January 1, Year 5	1 = $1.48
April 1, Year 5	1 = $1.51
May 29, Year 5	1 = $1.53
November 29, Year 5	1 = $1.54
December 31, Year 5	1 = $1.56
Average for Year 5	1 = $1.52

What is the amount of the Year 5 translation adjustment to be included in accumulated foreign exchange adjustments in the shareholders equity section of the translated statement of financial position?

(Please show your work thanks)