Brandlin Company of Anaheim, California, sells parts to a foreign customer on December 1, 2015, with payment of 23,000 korunas to be received on March 1, 2016. Brandlin enters into a forward contract on December 1, 2015, to sell 23,000 korunas on March 1, 2016. Relevant exchange rates for the koruna on various dates are as follows:

Date	Spot Rate		Forward Rate (to March 1, 2016)
December 1, 2015	$	3.40	$	3.475
December 31, 2015		3.50		3.600
March 1, 2016		3.65		N/A

Brandlins incremental borrowing rate is 12 percent. The present value factor for two months at an annual interest rate of 12 percent (1 percent per month) is 0.9803. Brandlin must close its books and prepare financial statements at December 31.

a1. What is the impact on 2015 net income? (Do not round intermediate calculations.)

a2. What is the impact on 2016 net income? (Do not round intermediate calculations.)

a3. What is the impact on net income over the two accounting periods? (Do not round intermediate calculations.)