Bangkok Instruments, Ltd., the Thai subsidiary of a U.S. corporation, is a seismic instrument manufacturer. Bangkok Instruments manufactures the instruments primarily for the oil and gas industry globally, though with recent commodity price increases of all kinds-including copper-its business has begun to grow rapidly. Sales are primarily to multinational companies based in the United States and Europe. Bangkok Instruments' balance sheet in thousands of Thai bahts (B) as of March 31 is as follows:

Exchange rates for translating Siam Toy's balance sheet into U.S. dollars are:
B40.00/$ April 1st exchange rate after 25% devaluation.
B30.00/$ March 31st exchange rate, before 25% devaluation. All inventory was acquired at this rate.
B20.00/$ Historic exchange rate at which plant and equipment were acquired.
The Thai baht dropped in value from B30/$ to B40/$ between March 31 and April 1. Assuming no change in balance sheet accounts between these two days, calculate the gain or loss from translation by both the current rate method and the temporal method. Explain the translation gain or loss in terms of changes in the value of exposed accounts.

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Bangkok Instruments, Ltd Balance Sheet, March 1, thousands of Thai bahts Assets Liabilities and Net Worth 24,000 Accounts payable B18,000 60,000 8,000 72,000 Accounts receivable 36,000 Bank loans 48,000 Common Inventory stock Net plant and 60,000 earnings B168,000 B168,000