On December $31,$ Year $1,$ Berries Ltd$.$ of Toronto, Ontario purchased $100\%$ of the outstanding ordinary shares of Raspberries Inc. of Bavaria, German. On this date, the fair values of Raspberries Inc.$$s identifiable assets and liabilities were equal to their carrying amounts. Raspberries Inc.$$s comparative statement of financial position and Year $2$ income statement are as follows $($EUR $=$ Euro$)$:

Statement of Financial Position $($in EUR$)$

$($As of December $31)$

Year $2$

Year $1$

Cash

$ $31,500$

$ $12,300$

Accounts receivable

$78,600$

$54,300$

Inventory

$83,500$

$77,900$

Property, plant, and equipment $($net$)$

$279,500$

$303,000$

Total assets

$ $473,100$

$ $447,500$

Accounts payable

$ $14,500$

$ $33,600$

Long$-$term debt $($due Dec $31,$ Year $5)$

$100,000$

$100,000$

Common shares

$12,000$

$12,000$

Retained earnings

$346,600$

$301,900$

Total liabilities and equities

$ $473,100$

$ $447,500$

Statement of Income $($in EUR$)$

$($For the year ended December $31,$ Year $2)$

Sales revenue

$ $190,600$

Cost of purchases

$55,500$

Change in inventory

$(5,600)$

Depreciation expense

$23,500$

Other expense

$47,500$

$120,900$

Profit

$ $69,700$

Other information:

$1)$ Exchange rates to Canadian dollar $($CAD$)$

December $31,$ Year $1$

EUR $1=$ CAD $$1,4220$

June $1,$ Year $2$

EUR $1=$ CAD $$1\mathrm{.}4590$

December $31,$ Year $2$

EUR $1=$ CAD $$1\mathrm{.}4810$

Average for Year $2$

EUR $1=$ CAD $$1\mathrm{.}4440$

$2)$ Munich Inc. declared and paid dividends on June $1,$ Year $2.$

$3)$ The inventories on hand on December $31,$ Year $2,$ were purchased when the exchange rate was EUR $ $=$ CAD $$1\mathrm{.}4600.$

Assume that Raspberries Inc.$$s functional currency is not closely related to Berries Ltd$.,$ what would be the translation gain$/$loss$?$