Rubio Co. was formed on January 1, 2021 as a wholly owned foreign subsidiary of a U.S. corporation. Rubios functional currency was the Foreign Currency Unit (FCU). The following transactions and events occurred during 2021:

January 1: Rubio issued common stock for 2,300,000 FCU.

May 31: Rubio paid dividends of 65,000 FCU.

December 31: Rubio reported net income of 184,000 FCU for the year.

Exchange rates for 2021 were:

Jan. 1: $1 =.52 FCU

May 31: $1 =.46 FCU

Dec. 31: $1 =.43 FCU

Weighted average rate for the year: $1 = .45 FCU

Required:

What was the amount of the translation adjustment for 2021? (i also need to know if its a negative number or not .)