The U.S dollar ($) exchange rates for 1 NGN are as follows: 2011 2013 NGN 1...

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The U.S dollar ($) exchange rates for 1 NGN are as follows: 2011 2013 NGN 1 1 August 1, 2019 1 December 31, 2019 1 February 1, 2020 1 May 1, 2020 1 June 1, 2020 1 August 1, 2020 1 September 1, 2020 1 October 1, 2020 November 1, 2020 December 1, 2020 December 31, 2020 Average for 2020 1 1 = 1 = 1 1 = || | || || || || || || || || || || || || || $0.0057 0.0051 = = 0.0071 = 0.0073 = 0.0075 = 0.0077 0.0079 = 0.0083 0.0085 = 0.0087 0.0089 0.0091 0.0102 0.0092 a. Assuming the NGN is the subsidiary's functional currency, what is the translation adjustment determined solely for 2020? b. Assuming the U.S.$ is the subsidiary's functional currency, what is the remeasurement gain or loss determined solely for 2020? The U.S dollar ($) exchange rates for 1 NGN are as follows: 2011 2013 NGN 1 1 August 1, 2019 1 December 31, 2019 1 February 1, 2020 1 May 1, 2020 1 June 1, 2020 1 August 1, 2020 1 September 1, 2020 1 October 1, 2020 November 1, 2020 December 1, 2020 December 31, 2020 Average for 2020 1 1 = 1 = 1 1 = || | || || || || || || || || || || || || || $0.0057 0.0051 = = 0.0071 = 0.0073 = 0.0075 = 0.0077 0.0079 = 0.0083 0.0085 = 0.0087 0.0089 0.0091 0.0102 0.0092 a. Assuming the NGN is the subsidiary's functional currency, what is the translation adjustment determined solely for 2020? b. Assuming the U.S.$ is the subsidiary's functional currency, what is the remeasurement gain or loss determined solely for 2020?