Cromer, Inc., a U$.$S$.$ corporation, purchases equipment for use in its manufacture of custom pianos. The equipment is acquired in Ireland at a cost of $200,000$ euros when $1$: $$1\mathrm{.}25.$ Payment is due in $90$ days. Cromer acquires $200,000$ euros and pays for the machine when $1$: $$1\mathrm{.}15.$ What is the basis of the asset to Cromer and what is the foreign currency exchange gain or loss, if any?