In December, 20X2, a US company purchased merchandise from an Israeli firm for 350,000 shekels. The exchange rates for the shekel were $.30 when the purchase was made, $.286 at year-end, and $.27 when the shekels were paid in 20X3. What are the US gains/losses for 20X2 and 20X3, respectively?

A. 0,10500 gain

B. 4900 gain, 5600 gain

C. 4900 gain, 5600 loss

D. 4900 loss, 5600 gain

E. 4900 loss, 5600 loss