Aerkion Company starts 2015 with two assets: cash of 22,500 LCU (local currency units) and land that originally cost 80,000 LCU when acquired on April 4, 2005. On May 1, 2015, Aerkion rendered services to a customer for 50,000 LCU, an amount immediately paid in cash. On October 1, 2015, the company incurred a 30,000 LCU operating expense that was immediately paid. No other transactions occurred during the year. Currency exchange rates for 1 LCU follow:

April 4, 2005	LCU 1	=	$ 0.24
January 1, 2015	1	=	0.25
May 1, 2015	1	=	0.26
October 1, 2015	1	=	0.27
December 31, 2015	1	=	0.31

a.	Assume that Aerkion is a foreign subsidiary of a U.S. multinational company that uses the U.S. dollar as its reporting currency. Assume also that the LCU is the subsidiarys functional currency. What is the translation adjustment for this subsidiary for the year 2015

b.	Assume that Aerkion is a foreign subsidiary of a U.S. multinational company that uses the U.S. dollar as its reporting currency. Assume also that the U.S. dollar is the subsidiarys functional currency. What is the remeasurement gain or loss for 2015

c.	Assume that Aerkion is a foreign subsidiary of a U.S. multinational company. On the December 31, 2015, balance sheet, what is the translated value of the Land account? On the December 31, 2015, balance sheet, what is the remeasured value of the Land account?