2 On July 1, 2015, Houghton Company borrowed 230,000 euros from a foreign lender evidenced by an interest-bearing note due on July 1, 2016. The note is denominated in euros. The U.S. dollar equivalent of the note principal is as follows: Amount $210,000 250,000 256,000 003747Date July 1, 2015 (date borrowed) December 31, 2015 (Houghton's year- end) July 1, 2016 (date repaid) In its 2016 income statement, what amount should Houghton include as a foreign exchange gain or loss on the note? Multiple Choice $46,000 gain. $6,000 loss. $46,000 loss. $6,000 gain