Taking the data of Example 10, show how exchange difference is to be recognized.

Data from Example 10

Sunshine Hotels Limited (SHL) extends boarding and lodging facility to the business executives of multinational companies for which it receives payment in the US dollar ($). On January 1, 2011 it raised a bill for $ 30,000 to one of its customers. On this date, the exchange rate for Indian rupee and US $ was ₹ 45.10 per $. It immediately receives a credit of ₹ 13,53,000 (30,000 x 45.10) its account through online payment. Had it extended a credit facility of two months and exchange rate on March 1, 2011 moved down to ₹ 44.90 per $ then what changes would have happened.