5 point 4. On October 10, 2020, Carlos Company (a US firm) purchased merchandise from a foreign company for 50,000 units of the foreign company's local currency. On that date, the spot rate was $2.488. Carlos paid the bill in full three months later when the spot rate was $2.484. The spot rate was $2.488 on December 31, 2020. What amount should Carlos report as a foreign currency transaction gain in its income statement for the year ended December 31, 2020?* A. $0 O B. $600 C. $400 D. $200 E. None of the above