At December 31, 2021, Northern had a Swiss franc payable resulting from imports from Switzerland and a Mexican peso receivable resulting from export sales to Mexico. Northern recorded foreign exchange gains related to both its peso receivable and franc payable. Did the foreign currencies increase or decrease in value from the date of the transaction to the year end? Franc Peso (i) Increase Increase (ii) Increase Decrease (iii) Decrease Increase (iv) Decrease Decrease