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 16,780 Notes payable NGN 20,360

Inventory 11,800 Common stock 22,200

Land 4,180 Retained earnings 11,100

Building 41,800

Accumulated depreciation (20,900 ) NGN 53,660 NGN 53,660

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 Paid 8,180,000 NGN on the note payable.

May 1 Sold entire inventory for 17,800,000 NGN on account.

June 1 Sold land for 6,180,000 NGN cash.

Aug. 1 Collected all accounts receivable.

Sept.1 Signed long-term note to receive 8,180,000 NGN cash.

Oct. 1 Bought inventory for 20,180,000 NGN cash.

Nov. 1 Bought land for 3,180,000 NGN on account.

Dec. 1 Declared and paid 3,180,000 NGN cash dividend to parent.

Dec. 31 Recorded depreciation for the entire year of 2,090,000 NGN.

The U.S dollar ($) exchange rates for 1 NGN are as follows:

2008 NGN 1 = $ 0.0066

2010 1 = 0.0060

August 1, 2016 1 = 0.0080

December 31, 2016 1 = 0.0082

February 1, 2017 1 = 0.0084

May 1, 2017 1 = 0.0086

June 1, 2017 1 = 0.0088

August 1, 2017 1 = 0.0092

September 1, 2017 1 = 0.0094

October 1, 2017 1 = 0.0096

November 1, 2017 1 = 0.0098

December 1, 2017 1 = 0.0100

December 31, 2017 1 = 0.0120

Average for 2017 1 = 0.0110

a. Assuming the NGN is the subsidiary's functional currency, what is the translation adjustment determined solely for 2017?

b. Assuming the U.S.$ is the subsidiary's functional currency, what is the remeasurement gain or loss determined solely for 2017?

a.	Positive	transalation adjustment	?
b.	Remeasurement Gain	-	?