Argon Statement of Income (in millions of Euro) Year end December 31, 2008 Net sales Cost of goods sold Selling, general and administrative Rent Advertising Equipment depreciation Interest expense Utilities Federal income taxes Net operating income 8,120 3,680 640 500 60 2,050 70 50 235 835 General price-level index: January 1, 2008 Average for 2008 December 31, 2008 100 104 107 Assume that equipment was acquired at the beginning of the year and the net monetary gain for the year was 710 (in millions of Euro). What is Argon's adjusted GPLA net income for the year ending December 31,2008? Using the GPLA model, calculate the net monetary gain or loss. What is Argon's GPLA-based net income for the year ending December 31, 2008