$2-$ On November $1,2001$ Zamfir Company, a U$.$S$.$ corporation, purchased minerals from a Russian company for $1,000,000$ rubles, payable in $3$ months. The relevant exchange rates between the U$.$S$,$ and Russian currencies are given:

The company's incremental borrowing rate provides a discount rate of $0\mathrm{.}975$ for three months. If Zamfir does not attempt to hedge this transaction, what is the gain or loss that should be shown on the company's December $31,2001$ financial statements?

$3-$ Amazing Corporation, a U$.$S$.$ enterprise, sold product to a customer in Wales on October $1,$

$\backslash$table$[[,,$Forward rate $($to$],[,,\frac{4}{1}\frac{?}{?}2)]]$

The discount factor corresponding to the company's incremental borrowing rate for $6$ months is $0\mathrm{.}95.$

Assuming that Amazing Corporation does not hedge this transaction, what is the amount of exchange gain or loss that it should show on its December $31,2001$ income statement?