Boerkian Co. started 2011 with two assets: Cash of $26,000 (Stickles) and Land that originally cost $72,000 when acquired on April 4, 2008. On May 1, 2011, the compan $36,000, an amount immediately paid in cash. On October 1, 2011, the company incurred an operating expense of $22,000 that was immediately paid. No other transactions occurred during the year so an average exchange rate is not necessary. Currency exchange rates were as follows: y rendered services to a customer for April 4, 2008 January 1, 2011 May 1, 2011 October 1, 2011 December 31, 2011 $i $.28 S1 $.29 1-3.30 $1 $.31 $1- $.35 Assume Boerkian was a foreign subsidiary of a U.S. multinational company and the U.S. dollar was the functional currency of the subsidiary. Prepare a schedule of changes in the net monetary assets of Boerkian for the year 2011 and properly label the resulting gain or loss