Calculate, using the Temporal method, the translation gain or loss in USD if the current rate changes from USD0.24/SAR in 2015 to USD0.20/SAR 2016. Assume all balance sheet accounts remain the same.

A.	A gain of USD 720

B.	A loss of USD 15,000

C.	A loss of SAR 18,000

D.	A gain of USD 75,000

Presented below is the balance sheet of UTM's (U.S.A.) Saudi Arabian subsidiary whose local currency is the riyal (SAR) Assets Cash A/R Inventory Net Plant & Equip SAR 24,000 SAR 36,000 SAR 48,000 SAR 60,000 SAR 168,000 Liabilities and Net Worth A/P Bank loans Common Stock Retained earnings SAR 18,000 SAR 60,000 SAR 18,000 SAR 72,000 SAR 168,000