The following account balances are for the Agee Company as of January 1,2020, and December 31, 2020. All amounts are denominated in kroner ( \\( \\mathrm{Kr} \\) ). Additional Information - Agee issued additional shares of common stock during the year on Aprl 1, 2020. Common stock at January 1, 2020, wos sold at the start of operations in 2013. - Agee purchased buildings in 2014 and sold one building with a book value of \\( \\mathrm{Kr} 10,300 \\) on July 1 of the current yeac- - Equipment was acquired on Aprili 1,2020. Relevant exchange rates for \\( 1 \\mathrm{Kr} \\) were as follows: a. Assuming the US. dollar is the functional currency, what is the remeasurement pain or loss for 2020 ? The December 31, 2019, US, dollar-translated balance sheet roported retained eamings of 566,950 , which included a remeasurement loss of \\( \\$ 12,350 \\). b. Assuming the foreign currency is the functional currency, what is the trarsiotion odjustment for 2020 ? The December 3t, 2019, US. dollar-transloted balance sheet reported retained earnings of \\( \\$ 87.500 \\) and a cumulative tranalation adjustinent of \\( \\$ 6,150 \\) (credit balance). (For all requirements, input all answers as positive). Additional Information - Agee issued additional shares of common stock during the year on April 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 building with a book value of \\( \\mathrm{Kr} 10,300 \\) on July 1 of the current yeac. - Equipment was acquired on April 1,2020. Relevant exchange rates for \\( 1 \\mathrm{Kr} \\) were as follows: a. Assuming the U.S. dollar is the functional currency, what is the remeasurement gain or loss for 2020 ? The December 31. 2019, US. dollar-translated balance sheet reported retained earnings of \\( \\$ 66,950 \\), which included a remeasurement loss of \\( \\$ 12,350 \\). b. Assuming the foreign currency is the functional currency, what is the translation adjustment for 2020 ? The December 31, 2019, U. dollar-translated balance sheet reported retained earnings of \\( \\$ 87,500 \\) and a cumulative translation adjustment of \\( \\$ 6,150 \\) (credit balance). (For all requirements, input all answers as positive.)