Hon 8 answered out of 1.00 question On October 2, 20X4, Duck Corporation borrowed 150,000 British pounds from a London bl Time left 0:52:24 by an interest-bearing note payable due in one year. The note was payable in pounds. Exchange rates for pounds was: October 2, 20X4 $1.60 December 31, 20X4 $1.62 October 2, 2005 51.56 What exchange gain or loss appeared on Duck's 20X4 income statement? O a. again of $6,000 O b. again of $3,000 Oc a loss of $3,000 O d. a loss of $6,000