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)):

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 8,060,000 NGN on the note payable.
May 1	Sold entire inventory for 16,600,000 NGN on account.
June 1	Sold land for 6,060,000 NGN cash.
Aug. 1	Collected all accounts receivable.
Sept.1	Signed long-term note to receive 8,060,000 NGN cash.
Oct. 1	Bought inventory for 20,060,000 NGN cash.
Nov. 1	Bought land for 3,060,000 NGN on account.
Dec. 1	Declared and paid 3,060,000 NGN cash dividend to parent.
Dec 31	Recorded depreciation for the entire year of 2,030,000 NGN.

2008	NGN 1	=	$	0.0054
2010	1	=		0.0048
August 1, 2016	1	=		0.0068
December 31, 2016	1	=		0.0070
February 1, 2017	1	=		0.0072
May 1, 2017	1	=		0.0074
June 1, 2017	1	=		0.0076
August 1, 2017	1	=		0.0080
September 1, 2017	1	=		0.0082
October 1, 2017	1	=		0.0084
November 1, 2017	1	=		0.0086
December 1, 2017	1	=		0.0088
December 31, 2017	1	=		0.0096
Average for 2017	1	=		0.0086

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

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

Cash Inventory Land Building Accumulated depreciation NGN 20, 120 20,120 10,060 Notes payable Common stock NGN 15, 340 10,600 40,600 NGN 50,300 4,060 Retained earnings (20,300) NGN 50,300