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). 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 Kr6,700 on July 1 of the current year. - Equipment was acquired on April 1, 2024. Relevant exchange rates for 1Kr were as follows: Required: a. 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 $110,600, which included a remeasurement loss of $12,800. b. 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 $110,000 and a cumulative translation adjustment of $27,300 (credit balance). Note: For all requirements, input all answers as positive