On June 15, 1990, Wilder Company made a credit sale to a Swedish company. The terms of the sale required the Swedish company to pay 46,000 kronor (Swedish) on January 15, 1991. Wilder prepares quarterly financial statements on March 31, June 30, September 30, and December 31. The current foreign exchange rates for kronor during the time the receivable was outstanding were:

Calculate the exchange gain or loss that Wilder Company should report on each of its quarterly income statements during the last three quarters of 1990 and the first quarter of 1991 . Also calculate the amount that should be reported on Wilder Company's balance sheets at the end of each of those quarters.

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June 15, 1990 $0.1680 June 30, 1990 0.1825 September 30, 1990. December 31, 1990. January 15, 1991 0.1960 0.1800 0.1700