1,800,000. The exchange rates shown in the popup window, were available to Burton on the dates shown, corresponding to the events of this specific export sale. Assume each month is 30 days. a. What will be the amount of foreign exchange gain (loss) upon settlement? b. If Jason hedges the exposure with a forward contract, what will be the net foreign exchange gain (loss) on settlement? a. What will be the amount of foreign exchange gain (loss) upon settlement? Enter a positive number for a gain or a negative number for a loss. (Round to the nearest dollar.) Data table EXHIBIT 11.6 Ganado Europe's Translation Loss After Depreciation of the Euro: Temporal Method (a) Dollar retained earnings before depreciation are the cumulative sum of additions to retained earnings of all prior years, translated to exchange rates in each year. (b) Translated into dollars at the same rate as before depreciation of the euro. (c) Under the temporal method, the translation loss would be closed into retained earnings through the income statement rather than left as a separate line item as shown here. Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet. 1,800,000. The exchange rates shown in the popup window, were available to Burton on the dates shown, corresponding to the events of this specific export sale. Assume each month is 30 days. a. What will be the amount of foreign exchange gain (loss) upon settlement? b. If Jason hedges the exposure with a forward contract, what will be the net foreign exchange gain (loss) on settlement? a. What will be the amount of foreign exchange gain (loss) upon settlement? Enter a positive number for a gain or a negative number for a loss. (Round to the nearest dollar.) Data table EXHIBIT 11.6 Ganado Europe's Translation Loss After Depreciation of the Euro: Temporal Method (a) Dollar retained earnings before depreciation are the cumulative sum of additions to retained earnings of all prior years, translated to exchange rates in each year. (b) Translated into dollars at the same rate as before depreciation of the euro. (c) Under the temporal method, the translation loss would be closed into retained earnings through the income statement rather than left as a separate line item as shown here. Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet