Ganado Europe's translated balance sheet for January 2, 2016, with the new exchange rate using the current rate mothod as uhown in the pepup window, a. What is the amount of translation gain or loss? b. Where should it appear in the financial titatoments? a. What is the amount of translation gain or loss? Enter a positive number for a gain and negative for a loss. (Round to the nearest dollar) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) EXHIBIT 11.5 Ganado Europe's Translation Loss After Depreclation of the Euro: Current Rate Method (a) Dollar retained eamings before depreciation are the cumulative sum of additions to retained earnings of all prior years, translated to exchange rates in each year: (b) Transtated into dollars at the same rate as before doprociation of the euro