Icebreaker Company (a U.S.-based company) sells parts to a foreign customer on December 1, 2020, with payment of 27,000 dinars to be received on March 1, 2021. Icebreaker enters into a forward contract on December 1, 2020, to sell 27,000 dinars on March 1, 2021. 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 various dates are as follows: Date December 1, 2020 December 31, 2020 March 1, 2021 Spot Rate $ 4.50 4.60 4.75 Forward Rate (to March 1, 2021) $ 4.575 4.700 N/A Icebreaker must close its books and prepare financial statements at December 31. Req A1 Req A2 to A4 Req B1 Req B2 to B4 a-2. What is the impact on 2020 net income? a-3. What is the impact on 2021 net income? 2-4. What is the impact on net income over the two accounting periods? (Negative amounts should be entered with a minus sign. Do not round intermediate calculations.) Show less a-2. Impact on 2020 net income a-3. Impact on 2021 net income a-4. Impact on net income over 2020 and 2021 Req A1 Req A2 to A4 Req B1 Req B2 to B4 b-2. What is the impact on 2020 net income? b-3. What is the impact on 2021 net income? b-4. What is the impact on net income over the two accounting periods? (Do not round intermediate calculations. Negative amounts should be entered with a minus sign.) Show less b-2 b-3 b-4 Impact on 2020 net income Impact on 2021 net income Impact on net income over 2020 and 2021