Cullumber Corporation, a manufacturer of ethnic foods, contracted in 2025 to purchase 504 pounds of a spice mixture at $5.00 per pound, delivery to be made in spring of 2026. By 12/31/25, the price per pound of the spice mixture had risen to $5.25 per pound. In 2025, Cullumber should recognize no gain or loss. a gain of $126.00. a loss of $2520.00. a loss of $126.00