Slocome Travel owns a travel agency that operates in London. Account balances in pounds for the subsidiary are summarized below: Cash and Receivables Office Supplies Land, Building, and Equipment Accounts Payable Long-Term Note Payable Common Stock Retained Earnings Dividends-Declared and Paid on December 31 Revenues Operating Expenses Totals 2014 January 1 December 31 32,300 34,400 1,400 900 71,400 65,500 (15,800) (6,900) (25,000) (15,000) (40,500) (40,500) (23,800 ) (23,800 ) 4,100 (40,500) 21,800 -0- -0- Exchange rates for 2014 were as follows: January 1 December 31 Average for year $1.5403 1.5961 1.5532 The subsidiary did not make any purchases of office supplies or plant assets during the year. Revenues were earned and operating expenses, other than depreciation and supplies used, were incurred evenly throughout the year. Prepare a schedule to compute the translation adjustment for the year, assuming the foreign entity's functional currency is the pound. (Round answers to o decimal places, e.g. 5,125. Enter loss and debit cumulative translation adjustment using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).) () Translation Rate =