Brief, Inc., had a receivable from a foreign customer that is payable in the customer's local currency. On December 31,2020 , Brief correctly included this receivable for 220,000 local currency units (LCU) in its balance sheet at $185,000. When Brief collected the receivable on February 15, 2021, the U.S. dollar equivalent was $196,400. In Brief's 2021 consolidated income statement, how much should it report as a foreign exchange gain? Multiple Choice $27,800 $0 $16,400 $11,400