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Rolfe Company (a U.S.-based company) has a subsidiary in Nigeria where the local currency unit is the naira (NGN). On December 31, 2016, the subsidiary had the following balance sheet (amounts are in thousands (000's)); Cash NGN 16, 400 Notes payable NGN 20, 200 Inventory 11, 080 common stock 21. 200 Land 4, 108 Retained earnings 10. 600 Building 41, 080 accumulated depreciation (20, 500) INGN 52, 080 NGN 52, 090 The subsidiary acquired the inventory on August 1, 2016, and the land and building in 2010. It issued the common stock in 2008. During 2017, the following transactions took place: 2017 Feb. 1 May 1 Paid 8, 100, DOG NGN on the note payable. June 1 Sold entire inventory for 17, 980, 080 NGN on account. Sold land for 6, 100, 090 NGN cash. Aug. 1 collected all accounts receivable. Sept . 1 Oct. 1 Signed long-term note to receive 8, 160, 060 NGN cash. Nov. 1 Bought inventory for 20, 100, 690 NGN cash. Bought land for 3, 100, DO@ NGN on account. Dec. 1 Dec. 31 Declared and paid 3, 100, 680 NGN cash dividend to parent. Recorded depreciation for the entire year or 2, 050, 090 NGN. The U.S dollar ($) exchange rates for 1 NGN are as follows. 2008 NGN 1 - 30. 9058 1010 0. 9052 August 1. 2016 0. 9072 December 31, 2016 0. 9074 1, 2017 0.9076 May 1. 2017 0.907: June 1, 2017 0.9080 August 1, 2017 0. 9084 September 1, 2017 October 1, 2017 0.9084 November 1, 2017 0. D090 December 1, 2017 0. 5092 1 31, 2017 0. 0104 Average for 2017 0. 2094 a. Assuming the NGN is the subsidiary's functional currency, what is the 9. Assuming the U.S.S is the subsidiary's functional currency. what is mmined solely for 2017? surement gain of lose determined solely for 20177 (Input all amounts as positive. Enter amounts in whole dollars ) banslation adjustment