Watson Company has a subsidiary in the country of Alonza where the local currency unit is the kamel (KM). On December 31, 2014, the subsidiary has the following balance sheet:

Cash	KM	13,500	Notes payable (due 2016)	KM	18,500
Inventory		12,000	Common stock		30,000
Land		8,000	Retained earnings		15,000
Building		60,000
Accumulated depreciation		(30,000)
	KM	63,500		KM	63,500

The subsidiary acquired the inventory on August 1, 2014, and the land and buildings in 2000. It issued the common stock in 1998. During 2015, the following transactions took place:

2015
Feb. 1	Paid 7,000 KM on the note payable.
May 1	Sold entire inventory for 16,500 KM on account.
June 1	Sold land for 9,400 KM cash.
Aug. 1	Collected all accounts receivable.
Sept.1	Signed long-term note to receive 8,000 KM cash.
Oct. 1	Bought inventory for 12,000 KM cash.
Nov. 1	Bought land for 8,000 KM on account.
Dec. 1	Declared and paid 2,600 KM cash dividend to parent.
Dec. 31	Recorded depreciation for the entire year of 3,000 KM.

The exchange rates for 1 KM are as follows:

1998	1 KM	=	$	0.26
2000	1	=		0.24
August 1, 2014	1	=		0.34
December 31, 2014	1	=		0.36
February 1, 2015	1	=		0.38
May 1, 2015	1	=		0.40
June 1, 2015	1	=		0.42
August 1, 2015	1	=		0.44
September 1, 2015	1	=		0.46
October 1, 2015	1	=		0.48
November 1, 2015	1	=		0.50
December 1, 2015	1	=		0.52
December 31, 2015	1	=		0.56
Average for 2015	1	=		0.46

a.	If this is a translation, what is the translation adjustment determined solely for 2015?

b.	If this is a remeasurement, what is the remeasurement gain or loss determined solely for 2015?