4 On June 1, Alexander Corporation sold goods to a foreign customer at a price of 1,600,000 pesos and will receive payment iIn three months on September 1. On June 1, Alexander acquired an option to sell 1,600,000 pesos in three months at a strike price of $0.073 Relevant exchange rates and option premiums for the peso are as follows: 1.25 points Put Optio for September 1 June 1 June 30 September 1 $0.073 0.079 0.071 $0.0024 0.0021 N/A eBook Print References Alexander must close its books and prepare its second-quarter financial statements on June 30 a-1. Assuming that Alexander designates the foreign currency option as a cash flow hedge of a foreign currency recelvable, prepare journal entries for these transactions in U.S. dollars. a-2. What Is the impact on net income over the two accounting periods? b-1. Assuming that Alexander designates the foreign currency option as a fair value hedge of a foreign currency receivable, prepare journal entries for these transactions in U.S. dollars. b-2. What is the impact on net income over the two accounting periods? Complete this question by entering your answers in the tabs below. Req A1 Req A2 Req B Req B2 receivable, Assuming that Alexander designates the foreign currency option as a cash flow hedge of a foreign currency nransre inurnal ontrine for these trancartinne in II S