United Owns Estada,a European Based Subsidiary for Which the Euro

United owns Estada,a European based subsidiary for which the Euro is the functional currency.Estada had a net asset position at January 1,2012 of 1,200,000 Euros and reported income of 350,000 Euros for 2012,which was earned evenly throughout the year.In addition,Estada paid 100,000 Euros of dividends at December 31,2012.The following were in effect during 2012:
$\begin{array} { l l } \text { January 1, } 2012 & 1 \text { Euras } = \$ 0.99 \\\text { Average far 2012 } & 1 \text { Euras } = \$ 0.98 \\\text { December 31, 2012 } & 1 \text { Eures } = \$ 1.10\end{array}$
Determine the amount of the unrealized translation gain or loss United should record for 2012 with respect to Estada.