Calculate the cumulative translation adjustment for this U.S. MNC translating the balance sheet and income statement of a French subsidiary, which keeps its books in euro, but that is translated into U.S. dollars using the current rate method, the reporting currency of the U.S. MNC.
The subsidiary is at the end of its first year of operation.
The historical exchange rate is $1.60/€1.00 and the most recent exchange rate is $1.50/€ 
Definitions:
Depression
A mental health disorder characterized by persistently depressed mood or loss of interest in activities, causing significant impairment in daily life.
Clinical Interviews
A method used in psychology to gather information about an individual's psychological state, history, and symptoms through a structured conversation.
Behavioral Assessments
Evaluative techniques and tools used to understand and measure individuals' observable and measurable behaviors within a specific context.
Personality Assessment
The measurement and evaluation of psychological traits, patterns, and characteristics to understand an individual's personality.
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