Rolfe Company $($a U$.$S$.-$based company$)$ has a subsidiary In Nigeria where the local currency unit is the naira $($NGN$).$ On December $31,2019,$ the subsidiary had the following balance sheet $($amounts are in thousands $[000$s$])$:

Cash

Inventory

Land

Building

NGN $16,750$

$11,500$

Notes payable

Common stock

NGN $20,300$

$4,150$

$41,500$

Retained earnings

$21,900$

$10,950$

Accumulated depreciation

$(20,750)$

NGN $53,150$

NGN $53,150$

The subsidiary acquired the Inventory on August $1,2019,$ and the land and building in $2013.$ It issued the common stock in $2011.$ During $2020,$ the following transactions took place:

$2020$

Feb. $1$ Paid $8,150,000$ NGN on the note payable.

May $1$ Sold entire inventory for $17,500,000$ NGN on account.

June $1$ Sold land for $6,150,000$ NGN cash.

Aug. $1$ Collected all accounts receivable.

Sept. $1$ Signed long$-$term note to receive $8,150,000$ NGN cash.

Oct. $1$ Bought inventory for $20,150,000$ NGN cash.

Nov. $1$ Bought land for $3,150,000$ NGN on account.

Dec. $1$ Declared and paid $3,150,000$ NGN cash dividend to parent. Dec. $31$ Recorded depreciation for the entire year of $2,075,000$ NGN$.$

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

$2011$

NGN $1$ $$0\mathrm{.}0063$

$2013$

$1$

$0\mathrm{.}0057$

August $1,2019$ December $31,2019$

$1=0\mathrm{.}0079$

$0\mathrm{.}0077$

February $1,2020$

$0\mathrm{.}0081$

May $1,2020$

$0\mathrm{.}0083$

June $1,2020$

$0\mathrm{.}0085$

August $1,2020$

$10\mathrm{.}0089$

September $1,2020$ October $1,2020$

$1=0\mathrm{.}0091$

$0\mathrm{.}0093$

November $1,2020$

$1=$

$0\mathrm{.}0095$

December $1,2020$

$1=$

$0\mathrm{.}0097$

December $31,2020$

$1$

$0\mathrm{.}0114$

Average for $2020$

$1$

$0\mathrm{.}0104$

a$.$ Assuming the NGN Is the subsidiary's functional currency, what is the translation adjustment determined solely for $2020?$ b$.$ Assuming the U$.$S$.$$ is the subsidiary's functional currency, what is the remeasurement gain or loss determined solely for $2020?$

$($Input all amounts as positive. Enter amounts in whole dollars.$)$

Positive

Remeasurement gain