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ABC Company had the following balance sheet in millions of pesos on December 31, 2016: Relevant exchange rates: $.10/Peso Inventory and Capital Stock were acquire/issued at this rate $.08/Peso Plant and equipment and long-term debt were acquired/obtained at this rate. This was also the exchange rate on December 31, 2016. $ 14/Peso Exchange rate on January 1, 2017. Assume no change in the peso accounts between December 31, 2016 and January 1, 2017. Assume the value of retained earnings under the current rate method was $50 million on December 31, 2016. What is the accounting gain or loss under the current rate method? _________ What is the accounting gain or loss under the temporal method? ___________ Give the balance sheet accounts in $ as of January 1, 2017 for both the current rate method and the temporal method