Zugar Company is domiciled in a country whose currency is the dinar. Zugar begins $2024$ with three

assets: cash of $26,200$ dinars, accounts receivable of $81,600$ dinars, and land that cost $216,000$ dinars

when acquired on April $1,2023.$ On January $1,2024,$ Zugar has a $166,000$ dinar note payable, and no

other liabilities. On May $1,2024,$ Zugar renders services to a customer for $136,000$ dinars, which was

immediately paid in cash. On June $1,2024,$ Zugar incurred a $116,000$ dinar operating expense, which

was immediately paid in cash. No other transactions occurred during the year. Currency exchange rates

for $1$ dinar follow:

April $1,2023$

January $1,2024$

May $1,2024$

June $1,2024$

December $31,2024$

$$0\mathrm{.}49=1$ dinar

Required:

a$.$ Assume that Zugar is a foreign subsidiary of a U$.$S$.$ multinational company that uses the U$.$S$.$ dollar as

its reporting currency. Assume also that the dinar is the subsidiary's functional currency. What is the

translation adjustment for this subsidiary for the year $2024?$

b$.$ Assume that Zugar is a foreign subsidiary of a U$.$S$.$ multinational company that uses the U$.$S$.$ dollar as

its reporting currency. Assume also that the U$.$S$.$ dollar is the subsidiary's functional currency. What is

the remeasurement gain or loss for $2024?$

c$.$ Assume that Zugar is a foreign subsidiary of a U$.$S$.$ multinational company. On the December $31,$

$2024,$ balance sheet, what is the translated value of the Land account? On the December $31,2024,$

balance sheet, what is the remeasured value of the Land account?

Note: Input all amounts as positive.

Answer is not complete.