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

Cash	KM	15,000	Notes payable (due 2016)	KM	28,500
Inventory		23,500	Common stock		30,000
Land		5,000	Retained earnings		15,000
Building		60,000
Accumulateddepreciation		(30,000)
	KM	73,500		KM	73,500

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

2015
Feb. 1	Paid 16,000 KM onthe note payable.
May 1	Sold entireinventory for 31,500 KM on account.
June 1	Sold land for 6,100KM cash.
Aug. 1	Collected allaccounts receivable.
Sept.1	Signed long-termnote to receive 10,500 KM cash.
Oct. 1	Bought inventory for15,000 KM cash.
Nov. 1	Bought land for5,000 KM on account.
Dec. 1	Declared and paid4,000 KM cash dividend to parent.
Dec. 31	Recordeddepreciation 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 for2015	1	=		0.46

a.	If this is a translation, what is the translation adjustmentdetermined solely for 2015? b. If this is a remeasurement, what is the remeasurement gain orloss determined solely for 2015?