he following account balances are for the Agee Company as of January $1,2020,$ and December $31,2020.$ All amounts are denominated in kroner $($Kr$).$

January $1,2020$ December $31,2020$

Accounts payable $(15,000)(25,000)$

Accounts receivable $54,000104,000$

Accumulated depreciation$$buildings $(45,000)(50,000)$

Accumulated depreciation$$equipment $0(7,500)$

Bonds payable$$due $2023(64,000)(64,000)$

Buildings $134,000105,000$

Cash $60,00010,500$

Common stock $(69,000)(82,000)$

Depreciation expense $040,000$

Dividends $(10/1/20)057,000$

Equipment $064,000$

Gain on sale of building $0(8,500)$

Rent expense $021,500$

Retained earnings $(55,000)(55,000)$

Salary expense $045,000$

Sales $0(162,000)$

Utilities expense $07,000$

Additional Information

Agee issued additional shares of common stock during the year on April $1,2020.$ Common stock at January $1,2020,$ was sold at the start of operations in $2013.$

Agee purchased buildings in $2014$ and sold one building with a book value of Kr $1,500$ on July $1$ of the current year.

Equipment was acquired on April $1,2020.$

Relevant exchange rates for $1$ Kr were as follows:

$2013$ $ $2\mathrm{.}90$

$20142\mathrm{.}70$

January $1,20203\mathrm{.}00$

April $1,20203\mathrm{.}10$

July $1,20203\mathrm{.}30$

October $1,20203\mathrm{.}40$

December $31,20203\mathrm{.}50$

Average for $20203\mathrm{.}20$

Assuming the U$.$S$.$ dollar is the functional currency, what is the remeasurement gain or loss for $2020?$ The December $31,2019,$ U$.$S$.$ dollar$-$translated balance sheet reported retained earnings of $$145,200,$ which included a remeasurement loss of $$28,300.$

Assuming the foreign currency is the functional currency, what is the translation adjustment for $2020?$ The December $31,2019,$ U$.$S$.$ dollar$-$translated balance sheet reported retained earnings of $$162,250$ and a cumulative translation adjustment of $$9,650($credit balance$).$

$($For all requirements, input all answers as positive.$)$