5. Wolters Corporation is manufacturer on March 1, 2024 for 80,000 foreign currency units, to be paid on April 30, 2024. On March 1, 2024 Wolters also entered into a forward contract to purchase 80.000 foreign currency units on April 30, 2024. Wolters has a March 31 year end a U.S. corporation that purchased 50,000 chocolate bars from a foreign Exchange rates are as follows: Date 3/1/24 3/31/24 4/30/24 Spot Rate $0.69 $0.61 $0.66 Forward Rate $0.65 $0.63 $0.66 Required: Prepare the journal entries to record the transactions through April 30, 2024. March 31 is the fiscal period end. Ignore the split between spot gain/loss and time value