Hedging a Forecasted Sale Transaction On December 10, 2023, Daisy Foods, a U.S. company, anticipates sales in the amount of A 25,000,000 to an Australian customer, payment in Australian dollars to be received at the end of May 2024. On December 10, 2023, Daisy Foods enters a forward contract for the sale of A$25,000,000 for a total price of $19,597,500 on May 31, 2024. The forward contract qualifies as a hedge of the forecasted sale. On March 1, 2024, Daisy delivered the merchandise to the Australian customer. On May 31, 2024, Daisy received A\$25,000,000 from the customer, and delivered it to the broker to close the forward contract. Daisy Foods' accounting year ends January 31. Relevant exchange rates (\$/A\$) are as follows: Prepare the journal entries to record the above events, including January 31, 2024 adjusting entries