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)):

CashNGN16,790Notes payableNGN20,380Inventory11,900Common stock22,300Land4,190Retained earnings11,150Building41,900Accumulated depreciation(20,950)NGN53,830NGN53,830

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:

2017Feb. 1Paid 8,190,000 NGN on the note payable.May 1Sold entire inventory for 17,900,000 NGN on account.June 1Sold land for 6,190,000 NGN cash.Aug. 1Collected all accounts receivable.Sept.1Signed long-term note to receive 8,190,000 NGN cash.Oct. 1Bought inventory for 20,190,000 NGN cash.Nov. 1Bought land for 3,190,000 NGN on account.Dec. 1Declared and paid 3,190,000 NGN cash dividend to parent.Dec. 31Recorded depreciation for the entire year of 2,095,000 NGN.

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

2008NGN 1=$0.006720101=0.0061August 1, 20161=0.0081December 31, 20161=0.0083February 1, 20171=0.0085May 1, 20171=0.0087June 1, 20171=0.0089August 1, 20171=0.0093September 1, 20171=0.0095October 1, 20171=0.0097November 1, 20171=0.0099December 1, 20171=0.0101December 31, 20171=0.0122Average for 20171=0.0112

1. Assuming the NGN is the subsidiary's functional currency, what is the translation adjustment determined solely for 2017?
2. Assuming the U.S.$ is the subsidiary's functional currency, what is the remeasurement gain or loss determined solely for 2017?