I kindly seek your support in the following problem with full explanation

C- The following import and export transactions relate to Nour Corporation (a U.S. company) and its unaffiliated Mexican companies: November 11, 2019 Purchased inventory for 150,000 pesos on account. Invoice denominated in pesos. November 30, 2019 Sold 60% of inventory acquired on 11/11/19 for 120,000 pesos on account. Invoice denominated in pesos. January 5, 2020 Acquired and paid the 150,000 pesos owed to the Mexican supplier. January 15, 2020 Collected the 120,000 pesos from the Mexican customer and immediately converted them into U.S. dollars. The following exchange rates apply: Date Rate November 11 $.11 = 1 peso November 30 $.12 = 1 peso December 31 $.13 = 1 peso January 5 $.14 = 1 peso January 15 $.15 = 1 peso Required: 1) Prepare the required journal entries at Nour Corporation to record the previous transactions. 2) Determine the amount of Accounts Payable that will be included on the December 31, 2019 balance sheet of Nour Company. 3) Did the U.S. dollar strengthen or weaken from November to January and what are the implications for Nour business? Prove your