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Boston Company, a U.S. firm, purchased merchandise from Moscow Company of Russia for 100,000 rubles on November 1, 2019. Payment of the liability is due

Boston Company, a U.S. firm, purchased merchandise from Moscow Company of Russia for 100,000 rubles on November 1, 2019. Payment of the liability is due on April 30, 2020. On the purchase date, Boston purchased a six-month foreign currency forward contract to buy 100,000 rubles. This forward contract is designated as a cash flow hedge. Boston's fiscal year ends December 31. Relevant exchange rates follow:

Date Spot Rate Forward Rate
November 1, 2019 $0.20 $0.22
December 31, 2019 $0.17 0.18
April 30, 2020 $0.19 N/A

What is the net adjustment to AOCI in 2020?

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