The foliowing account balances are for the Agee Company as of January 1, 2020, and December 31,2020 . All amounts are denominated in kroner (Kr) Additional Information - Agee issued additional shares of common stock during the year on Aptil 1, 2020. Common stock at January 1, 2020, was sold at the start of operations in 2013 - Agee purchased buildings in 2014 and sold one bullding with a book value of Kr10,700 on July 1 of the current yeat. - Equipment was ocquired on Aprit 1, 2020 Relevant exchange rates for 1Kr were as follows: a. Assuming the US. dollor is the functionol cumency. What is the remeosurement gain of loss for 20202 . The December 31, 2019, us. doljertranelated balance sheet repoited retaned eaming 5 of $62.500, which included a remessurement loss of 512.300 b. Assuming the foreign currency is the functionol curtency, Whot is the translation odjustment for 2020 . The December 34,2019 , U.5 doll or-tronslated bolance sheet reported retained esmings of $85,000 ond a cumulative translation adjurtment of $4,300 (credit. Ralisnew