Carla Vista Corporation, a manufacturer of ethnic foods, contracted in 2020 to purchase 670 pounds of a spice mixture at $3.35 per pound, delivery to be made in spring of 2021. By 12/31/20, the price per pound of the spice mixture had risen to $3.53 per pound. In 2020, Carla Vista should recognize O a loss of $120.60. O No gain or loss. a gain of $120.60. O a loss of $2244.50