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Translation and Remeasurement Gains and Losses Walmart Mexico, headquartered in Mexico City, is a subsidiary of Walmart Inc., a U.S. company. Walmart Mexico's accounts are reported in Mexican pesos (Ps). Assume that the following data relate to Walmart Mexico's activities for 2023 (in millions of Mexican pesos). Sales, inventory purchases, and cash operating expenses were reported evenly throughout the year. Exchange rates are as follows (\$/Ps): Required a. Prepare a schedule to compute Walmart Mexico's 2023 remeasurement gain or loss, assuming Walmart Mexico's functional currency is the U.S. dollar. b. Prepare a schedule to compute Walmart Mexico's 2023 translation gain or loss, assuming Walmart Mexico's functional currency is the Mexican peso. Translation and Remeasurement Gains and Losses Walmart Mexico, headquartered in Mexico City, is a subsidiary of Walmart Inc., a U.S. company. Walmart Mexico's accounts are reported in Mexican pesos (Ps). Assume that the following data relate to Walmart Mexico's activities for 2023 (in millions of Mexican pesos). Sales, inventory purchases, and cash operating expenses were reported evenly throughout the year. Exchange rates are as follows (\$/Ps): Required a. Prepare a schedule to compute Walmart Mexico's 2023 remeasurement gain or loss, assuming Walmart Mexico's functional currency is the U.S. dollar. b. Prepare a schedule to compute Walmart Mexico's 2023 translation gain or loss, assuming Walmart Mexico's functional currency is the Mexican peso