Rolfe Company (a U.S.-based company) has a subsidiary In Nigerla, where the local currency unit is the nalra (NGN). On December 31 , 2019 , the subsidlary had the following balance sheet (amounts are in thousands [000s]): The subsidiary acquired the Inventory on August 1, 2019, and the land and bullding in 2013. It Issued the common stock In 2011. During 2020 , the following transactions took place: 2020 Feb. 1 Paid 8,000,000 NGN on the note payable. May 1 sold entire inventory for 16,000,000 NGN on account. June 1 sold land for 6,000,800 NGN cash. Aug. 1 collected all accounts receivable. Sept. 1 signed long-term note to receive 8,000,800 NGN cash. oct. 1 Bought inventory for 20,000,000 NGN cash. Nov. 1 Bought land for 3,880,800 NGN on account. Dec. 1 Declared and paid 3,600,000 NGN cash dividend to parent. Dec.31 Recorded depreciation for the entire year of 2,000,000 NGN. The U.S dollar (\$) exchange rates for 1NGN are as follows: a. Assuming the NGN is the subsidiary's functional currency, what is the translation adjustment determined solely for 2020 ? (Input all amounts as positlve. Enter amounts in whole dollars.) Rolfe Company (a U.S.-based company) has a subsidiary In Nigerla, where the local currency unit is the nalra (NGN). On December 31 , 2019 , the subsidlary had the following balance sheet (amounts are in thousands [000s]): The subsidiary acquired the Inventory on August 1, 2019, and the land and bullding in 2013. It Issued the common stock In 2011. During 2020 , the following transactions took place: 2020 Feb. 1 Paid 8,000,000 NGN on the note payable. May 1 sold entire inventory for 16,000,000 NGN on account. June 1 sold land for 6,000,800 NGN cash. Aug. 1 collected all accounts receivable. Sept. 1 signed long-term note to receive 8,000,800 NGN cash. oct. 1 Bought inventory for 20,000,000 NGN cash. Nov. 1 Bought land for 3,880,800 NGN on account. Dec. 1 Declared and paid 3,600,000 NGN cash dividend to parent. Dec.31 Recorded depreciation for the entire year of 2,000,000 NGN. The U.S dollar (\$) exchange rates for 1NGN are as follows: a. Assuming the NGN is the subsidiary's functional currency, what is the translation adjustment determined solely for 2020 ? (Input all amounts as positlve. Enter amounts in whole dollars.)