Hedged Forecasted Sale Bectel, Inc. expects to sell merchandise for C$1,000,000 to a Canadian customer at the end of November, 2020. In anticipation of this forecasted transaction, on August 30, 2020, Bectel sold C$1,000,000 forward for delivery on November 30, 2020. Bectel made the sale as expected on November 30, and settled the forward contract. Relevant exchange rates ($/C$) are as follows:

Required Prepare the journal entries made by Bectel on November 30 concerning the above events. Assume Bectel is a calendar-year company. There are 4 total entries.