Central Electronics Company sold merchandise on account to a British company for 80,000 British pounds. Each pound was worth $1.50. The entry to record this sale is_______.

		Accounts Receivable 120,000 Sales Revenue 80,000 Foreign-Currency Gain 40,000
		Accounts Receivable 80,000 Foreign-Currency Loss 40,000 Sales Revenue 120,000
		Accounts Receivable 120,000 Sales Revenue 120,000
		Accounts Receivable 80,000 Sales Revenue 80,000