Based on the Assume that Podgorica Products Corporation follows ASPE. information provided above, should Podgorica use the temporal (i.e. FCT) method or current rate (i.e. PCT) method? Give two (2) facts from the information provided to support your decision. (3 Marks) Should Disregard your answer to part (a). Assume that Podgorica follows IFRS. Podgorica use the Functional Currency Translation (FCT) method or the Presentation Currency Translation (PCT) method? Give two (2) facts from the information provided to support your decision. Disregard your answer to parts (a) and (b). and will use the PCT method. i. ii. (3 Marks) Assume that Podgorica follows IFRS Calculate the foreign exchange gain or loss resulting from the translation of the financial statements. Should this gain or loss be shown as part of net income or part of other comprehensive income?