Grand Ltd. is a Canadian company that had the following transactions in 20X7: a. Sold goods to a customer in Belgium on 25 November for 235,000 euros. b. Sold goods to a U.S. customer on 25 November for US$83,000. c. Sold goods on 1 December, to a British customer for 155,000 euros. d. On 15 December, the customer in transaction (a) paid. At year-end, the other two accounts receivable were still outstanding. EXCHANGE RATES Canadian Equivalencies Euro US$ 25 November 1.52 1.04 01 December 1.58 1.00 15 December 1.39 1.03 31 December 1.44 1.05 Required: Calculate the exchange gain or loss to be reported in 20x7. (Do not round intermediate calculations.) M Calculate the accounts receivable on the 31 December 20X7 statement of financial position. Accounts receivable Calculate the sales revenue to be recorded from the transactions listed above. Sales revenue