A firm enters into a futures contract to purchase 12,000 bushels of corn at an exercise price of $75.00 per bushel. The exercise price is equal to the market price at this date. At the end of the year, the price per bushel is $130.00. Based on this information, which one of the following statements is true? Select one: a. A debit to Cost of Goods Sold is required for $360,000. b. A debit to Unrealized Holding Gain/Loss is required for $660,000. c. A credit to Futures Contract is required for $360,000. d. A credit to Corn Inventory is required for $360,000. e. A debit to Futures Contract is required for $660,000