Bangkok Instruments, Ltd. (B). Using the original data provided for Bangkok Instruments, assume that the Thai baht appreciated in value from B30/$ to B25/$ between March 31 and April 1. Assuming no change in balance sheet accounts between those 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.

Bangkok Instruments, Ltd. Balance Sheet, March 1, thousands of Thai bahts Assets Liabilities and Net Worth Accounts Cash B24,000 payable B18,000 Accounts receivable 36,000 Bank loans 60,000 Common Inventory 48,000 stock 18,000 Net plant & Retained equipment 60,000 earnings 72,000 B168,000 B168,000