2 75 Dots Spindler, Inc. (a US-based companys, imports Surfboards from a supplier in Brazil and sells them in the United States. Purchases are denominated in terms of the Brazilian real (BRL). During 2020. Spindler acquires 360 surfboards at a price of BRL 1.600 per surfboard. for a total of BRL 576,000.00 Spindler will pay for the surfboards when it sells them Relevant exchange rates are as follows: U.S. Dollar per Brasilian Real (URL) September 1, 2020 50.230 December 1, 2020 0.220 December 31, 2020 0.240 March 1, 2001 0.225 Sped Assume that Spindler acquired the surfboards on September 1, 2020, and made payment on December 1, 2020. What is the effect of the exchange rate fluctuations on toported income in 2020? b. Assume that Spindler acquired the surfboards on December t 2020, and made payment on March 1, 2021. What is the effect of the exchange rate fluctuations on reported income in 2020 and 2021? c. Assume that Spindler acquired the surfboards on September 1, 2020, and made payment on March 1, 2021. What is the effect of the exchange rate fluctuations on reported income in 2020 and in 2021 input all amounts os positive values.) Effect of Exchange Rate luctuations 2000