Duck Corporation Forecasted on December 21, 2020 to sel a machine to a company in Italy The sling price was 500.000 euros, to be paid on March 21, 2021. To hedge against fluctuations in the exchange rate Duck entered into a forward contract on Dec 21, 2020 to sell 500.000 euros on March 21, 2021. the agreed date of machine del very for $1227 per euro. The company and its fiscal year on December 31. The following exchange rates were quoted Forward Rate Dale Spot Rate Delivery on 3212020) 12/21/2020 1228 1.227 12/31/2020 1.222 1.221 121/2021 1.225 Required A. Prepare all alones relative to the one event on December 21, 2020 8 Prepare anal entries relative to the above event on December 21, 2020 C. Prepare anal antries relative to the above event on March 21, 2021 for the toolbar press ALT FTOPCO ALTFF10(M)