Rolfe Company (a U.S.-based company) has a subsidiary in Nigeriawhere the local currency unit is the naira (NGN). On December 31,2016, the subsidiary had the following balance sheet (amounts arein thousands (000's)):

Cash	NGN	15,890		Notespayable	NGN	20,020
Inventory		10,100		Commonstock		20,020
Land		4,010		Retainedearnings		10,010
Building		40,100
Accumulateddepreciation		(20,050	)
	NGN	50,050			NGN	50,050

The subsidiary acquired the inventory on August 1, 2016, and theland and building in 2010. It issued the common stock in 2008.During 2017, the following transactions took place:

2017
Feb. 1	Paid 8,010,000NGN on the note payable.
May 1	Sold entireinventory for 16,100,000 NGN on account.
June 1	Sold land for6,010,000 NGN cash.
Aug. 1	Collected allaccounts receivable.
Sept.1	Signed long-termnote to receive 8,010,000 NGN cash.
Oct. 1	Bought inventoryfor 20,010,000 NGN cash.
Nov. 1	Bought land for3,010,000 NGN on account.
Dec. 1	Declared andpaid 3,010,000 NGN cash dividend to parent.
Dec. 31	Recordeddepreciation for the entire year of 2,005,000 NGN.

The U.S dollar ($) exchange rates for 1 NGN are as follows:

2008	NGN 1	=	$	0.0049
2010	1	=		0.0043
August 1,2016	1	=		0.0063
December 31,2016	1	=		0.0065
February 1,2017	1	=		0.0067
May 1, 2017	1	=		0.0069
June 1,2017	1	=		0.0071
August 1,2017	1	=		0.0075
September 1,2017	1	=		0.0077
October 1,2017	1	=		0.0079
November 1,2017	1	=		0.0081
December 1,2017	1	=		0.0083
December 31,2017	1	=		0.0086
Average for2017	1	=		0.0076

1. Assuming the NGN is the subsidiary's functional currency, whatis the translation adjustment determined solely for 2017?

2. Assuming the U.S.$ is the subsidiary's functional currency, whatis the remeasurement gain or loss determined solely for 2017?