Green View Company's receivable from a foreign customer is denominated in the customers local currency, the Brazilian Real (BRL). This receivable totaled 900,000 BRL and was translated to $300,000 at December 31, 20X5. On January 31, 20X6, the receivable was collected from the customer at an exchange rate of 4 BRL to $1. What journal entry should GreenView record in January? Dr. Foreign currency units 300,000 1. Cr. Accounts receivable 300,000 Dr. Foreign currency units 225,000 2. Cr. Accounts receivable 225,000 300,000 75,000 225,000 Dr. Foreign currency units 3. Cr. Exchange gain Cr. Accounts receivable Dr. Foreign currency units Dr. Exchange loss Cr. Accounts receivable 225,000 75,000 300,000