Calculate the cumulative translation adjustment for this U$.$S$.$ MNC translating the balance sheet and income statement of a French subsidiary, which keeps its books in euro, but that is translated into U$.$S$.$ dollars using the current rate method, the reporting currency of the U$.$S$.$ MNC$.$ The subsidiary is at the end of its first year of operation. The historical exchange rate is $$1\mathrm{.}60/$ and the most recent exchange rate is $$1\mathrm{.}50/.$