Board Company has a foreign subsidiary that began operations at the start of 2017 with assets of 134,000 kites (the local currency unit) and liabilities of 58,000. During this initial year of operation, the subsidiary reported a profit of 28,000 kites. It distributed two dividends, each for 5,200 kites with one dividend declared on March 1 and the other on October 1. Applicable exchange rates for 1 kite follow:

January 1, 2017 (start of business)	$0.71
March 1, 2017	0.69
Weighted average rate for 2017	0.68
October 1, 2017	0.67
December 31, 2017	0.66

a. Assume that the kite is this subsidiarys functional currency. What translation adjustment would Board report for the year 2017?

b. Compute the net translation adjustment for Board to report in accumulated other comprehensive income for the year 2017 under this second set of circumstances.