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 15230,Notes payable NGN 20,140 Inventory 10,700 Common stock 20,140, Land 4,070 Retained earnings 10,070 Building 40,700 Accumulated depreciation (20,3500 ) NGN 50,350 NGN 53,350 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 8,070,000 NGN on the note payable. May 1 Sold entire inventory for 16,700,000 NGN on account. June 1 Sold land for 6,070,000 NGN cash. Aug. 1 Collected all accounts receivable. Sept.1 Signed long-term note to receive 8,070,000 NGN cash. Oct. 1 Bought inventory for 20,070,000 NGN cash. Nov. 1 Bought land for 3,070,000 NGN on account. Dec. 1 Declared and paid 3,070,000 NGN cash dividend to parent. Dec. 31 Recorded depreciation for the entire year of 2,035,000 NGN. The U.S dollar ($) exchange rates for 1 NGN are as follows: 2008 NGN 1 = $ 0.0055 2010 1 = 0.0049 August 1, 2016 1 = 0.0069 December 31, 2016 1 = 0.0071 February 1, 2017 1 = 0.0073 May 1, 2017 1 = 0.0075 June 1, 2017 1 = 0.0077 August 1, 2017 1 = 0.0081 September 1, 2017 1 = 0.0083 October 1, 2017 1 = 0.0085 November 1, 2017 1 = 0.0087 December 1, 2017 1 = 0.0089 December 31, 2017 1 = 0.0098 Average for 2017 1 = 0.0088

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? (Input all amounts as positive. Enter amounts in whole dollars.)