company) sold parts to a Korean customer on December 16, 2011, with payment of 10 million Korean wonto be rceived on January 15. 2012. The folowing exchange rates applied million Korean won to be received Forward Spot 6, 2011to Jan IS s 00092 Date December 16, 2011 December 31. 2011 January 15, 2012 $ 00098 00093 00095 00095 Assuming a forward contract was entered into on December 16, what would be the net impact on Car Corp.'s 2012 income statement related to this transaction? A. $500 (gain). B. $305 (gain). C. $300 (gain). D. $300 (loss). E. SO