a$.$ What will be the amount of foreign exchange gain $($loss$)$ upon settlement?

b$.$ If Jason hedges the exposure with a forward contract, what will be the net foreign exchange gain $($loss$)$ on settlement?

Data table

$\backslash$table$[[$Date$,$Event,Spot Rate $(\frac{\text{\$}}{}),$Forward Rate $(\frac{\text{\$}}{}),$Days Forward$],[$February $1,$Price quotation for Pegg,$1\mathrm{.}7764,1\mathrm{.}7680,210],[$March $1,$Contract signed for sale,$1\mathrm{.}7333,1\mathrm{.}7258,180],[,$Contract amount, pounds,$1,500,000,,90],[$June $1,$Product shipped to Pegg,$1\mathrm{.}7679,1\mathrm{.}7605,30],[$August $1,$Product received by Pegg,$1\mathrm{.}7927,1\mathrm{.}7890,-],[$September $1,$Pegg makes payment,$1\mathrm{.}7177,-,]]$

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