Gaw Produce Company purchased inventory from a Japanese company on December 18, 2018. Payment of 4,000,000 yen () was due on January 18, 2019. Exchange rates between the dollar and the yen were as follows: Date Exchange Rate $.0080 1 = December 18, 2018 December 31, 2018 1 = $.0082 January 18, 2019 1 = $.0083 Required: Prepare all journal entries for Gaw Produce Co. in connection with the purchase and payment.