Icebreaker Company $($a U$.$S$.-$based company$)$ sells parts to a foreign customer on December $1,2023,$ with payment of $26,000$ dinars to be recelved on March $1,2024,$ Icebreaker enters into a forward contract on December $1,2023,$ to sell $26,000$ dinars on March $1,2024.$ The forward points on the forward contract are excluded in assessing hedge effectiveness and are amortized to net income using a straight$-$line method on a monthly basis. Relevant exchange rates for the dinar on varlous dates are as follows:

$\backslash$table$[[\backslash$table$[[$Date$],[$December $1,2023],[$December $31,2023],[$March $1,2024]],\backslash$table$[[$Spot Rate$],[$$$4\mathrm{.}40$