2, 20X4, Duck Corporation borrowed 150,000 British pounds from a London bank, evidenced by an interest-bearing note payable due in one year. The note was payable in pounds. Exchange rates for pounds was: October 2, 20X4 $1.60 December 31, 20X4 $1.62 October 2, 20X5 $1.56 What exchange gain or loss appeared on Duck's 20x4 income statement? O a. a gain of $3,000 O b. a loss of $3.000 a loss of $6,000 O d. again of $6.000