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 $(9,000)(19,000)$

Accounts receivable $34,00084,000$

Accumulated depreciation$$buildings $(25,000)(30,000)$

Accumulated depreciation$$equipment $0(5,500)$

Bonds payable$$due $2027(55,000)(55,000)$

Buildings $114,00095,000$

Cash $40,0008,500$

Common stock $(64,000)(78,000)$

Depreciation expense $020,000$

Dividends $(10/1/24)037,000$

Equipment $035,000$

Gain on sale of building $0(6,500)$

Rent expense $017,000$

Retained earnings $(35,000)(35,000)$

Salary expense $025,000$

Sales $0(100,000)$

Utilities expense $07,500$

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 $9,500$ on July $1$ of the current year.

Equipment was acquired on April $1,2024.$

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

$2017$ $ $2\mathrm{.}65$

$20182\mathrm{.}45$

January $1,20242\mathrm{.}75$

April $1,20242\mathrm{.}85$

July $1,20243\mathrm{.}05$

October $1,20243\mathrm{.}15$

December $31,20243\mathrm{.}25$

Average for $20242\mathrm{.}95$

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 $$75,950,$ which included a remeasurement loss of $$12,450.$

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 $$92,500$ and a cumulative translation adjustment of $$10,150($credit balance$).$

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