Assume that a foreign operation has the following position at the beginning of the period: The foreign operation has no transactions for the period. The exchange rates for the period are: What is the net gain or loss for the period? Gain AS44 043 What is the net gain or loss for the period? Gain A\$44 043 Loss A\$29 362 None of the given answers. Gain US\$29 362 Gain A\$29 362