The following account balances are for the Agee Company as of January $1,2024,$ and December $31,2024.$ All amounts are denominated in kroner $($Kr$).$

January $1,2024$ December $31,2024$

Accounts payable $(12,000)(26,500)$

Accounts receivable $31,00081,000$

Accumulated depreciation$$buildings $(22,000)(27,000)$

Accumulated depreciation$$equipment $0(5,200)$

Bonds payable$$due $2027(52,000)(52,000)$

Buildings $111,00093,500$

Cash $37,0008,200$

Common stock $(61,000)(72,000)$

Depreciation expense $017,000$

Dividends $(10/1/24)034,000$

Equipment $032,000$

Gain on sale of building $0(6,200)$

Rent expense $015,200$

Retained earnings $(32,000)(32,000)$

Salary expense $022,000$

Sales $0(88,000)$

Utilities expense $06,000$

Additional Information

Agee issued additional shares of common stock during the year on April $1,2024.$ Common stock on January $1,2024,$ was sold at the start of operations in $2017.$

Agee purchased buildings in $2018$ and sold one building with a book value of Kr $10,700$ on July $1$ of the current year.

Equipment was acquired on April $1,2024.$

Relevant exchange rates for $1$ Kr were as follows:

$2017$ $ $2\mathrm{.}50$

$20182\mathrm{.}30$

January $1,20242\mathrm{.}60$

April $1,20242\mathrm{.}70$

July $1,20242\mathrm{.}90$

October $1,20243\mathrm{.}00$

December $31,20243\mathrm{.}10$

Average for $20242\mathrm{.}80$

Required:

Assuming the U$.$S$.$ dollar is the functional currency, what is the remeasurement gain or loss for $2024?$ The December $31,2023,$ U$.$S$.$ dollar$-$translated balance sheet reported retained earnings of $$62,600,$ which included a remeasurement loss of $$12,300.$

Assuming the foreign currency is the functional currency, what is the translation adjustment for $2024?$ The December $31,2023,$ U$.$S$.$ dollar$-$translated balance sheet reported retained earnings of $$85,000$ and a cumulative translation adjustment of $$4,300($credit balance$).$

Note: For all requirements, input all answers as positive.