In 2022, a domestic exporter sold inventory at a price of 100,000 pounds to a British firm (FOB destination ). Full payment was received in 2022 using a bank wire transfer. Direct exchange rate information for the pound follows: Direct Rate

12/11 / 22 ( the sales date) $1.28

12/31 / 22 (the exporter's yr . end) 1.38

1/10 / 23 ( the settlement date)1.32

Prepare all the appropriate journal entries to be recorded on the books of the domestic exporter.