$1.$ Naomi Co$.$ started $2024$ with two assets:$$ Cash of LCU$26,000$ and land that originally cost LCU$72,000$ when acquired on April $4,2012.$ On May $1,2024,$ the company rendered services to a customer for LCU $36,000.$ On October $1,2024,$ the company incurred an operating expense of LCU$22,000.$ No other transactions occurred during the year.$$ Currency exchange rates were as follows:

$$

$$

April $4,2012$

LCU$1=$$ $\mathrm{.}28$

$$

$$

December $31,2024$

LCU$1=$$ $\mathrm{.}29$

$$

$$

May $1,2024$

LCU$1=$$ $\mathrm{.}30$

$$

$$

October $1,2024$

LCU$1=$$ $\mathrm{.}31$

$$

$$

December $31,2024$

LCU$1=$$ $\mathrm{.}35$

$$

$$

$$

$$

$$

$$

$$

$$

Required:

$$

a$.$ Assume that Dulcinea was a foreign subsidiary of a U$.$S$.$ multinational company and the LCU was the functional currency of the subsidiary $($Current Method$).$ Calculate the translation adjustment for this subsidiary for $2024.$

$$

b$.$ Assume that Dulcinea was a foreign subsidiary of a U$.$S$.$ multinational company and the U$.$S$.$ dollar was the functional currency of the subsidiary $($Temporal Method$).$ Calculate the remeasurement gain or loss for this subsidiary for $2024.$