REFERENCE: Ref.10_08 Perez Company,a Mexican Subsidiary of a U.S.company,sold Equipment Costing 200,000

REFERENCE: Ref.10_08
Perez Company,a Mexican subsidiary of a U.S.company,sold equipment costing 200,000 pesos with accumulated depreciation of 75,000 pesos for 140,000 pesos on March 1,2009.The equipment was purchased on January 1,2008,when the exchange rate for the peso was $.11.Relevant exchange rates for the peso are as follows:
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-The financial statements for Perez are remeasured by its U.S.parent.What amount of gain or loss would be reported in its translated income statement?

A) $1,530.
B) $1,575.
C) $1,465.
D) $1,090.
E) $1,650.