Bangkok Instruments, Ltd., the Thai subsidiary of a U.S. corporation, is a seismic instrument manufacturer. Bangkok Instruments manufactures the instruments primarily for the oil and gas industry globally, though with recent commodity price increases of all kinds including copper its business has begun to grow rapidly. Sales are primarily to multinational companies based in the United States and Europe. Bangkok Instruments' balance sheet in thousands of Thai bahts (B) as of March 31 is shown as:

Exchange rates for translating Bangkok Instruments' balance sheet into U.S. dollars are:

B41.33/$ April 1 exchange rate, after 25% devaluation.

B31.00/$ March 31 exchange rate, before 25% devaluation. All inventory was acquired at this rate.

B22.00/$ Historic exchange rate at which plant and equipment were acquired.

The Thai baht dropped in value from B31.00/$ to B41.33/$ between March 31 and April 1. Assuming no change in balance sheet accounts between these two days, calculate the gain or loss from translation by both the current rate method and the temporal method. Bangkok Instruments' translated balance sheet using the current rate method is shown here,

and the one using the temporal method is shown here,

Assets Cash Accounts receivable Inventory Net plant & equipment Bangkok Instruments, Ltd. Balance Sheet, March 1 Liabilities & Net Worth 22.000.000 Accounts payable B19,000,000 62,000,000 34,000,000 Bank loans 49,000,000 Comme stock 16,000,000 70,000,000 62,000,000 Retained earnings B167,000,000 B167,000,000