Jaguar Company purchased goods from a Brazilian company for 200,000 Brazilian reals on December 6, 20X3, with payment due on January 15, 20X4. The exchange rates were: December 6, 20X3 1 real = $0.54 1 real = 0.51 December 31, 20X3 January 15, 20X4 1 real = 0.53 What amount of gain or a loss should the Jaguar Co. record from its foreign currency exposure related to this transaction in 2004? Do not use dollar signs or commas. For example, if there is a gain of $1,000, please write 1000. For a loss in the amount of $1,000, please write -1000. (full points for the exact amount and sign. No partial points allowed)

Jaguar Company purchased goods from a Brazillan company for 200,000 Brazilian reals on December 6,203, with payment diue on Ianuan 15204. The exchance rates were: What amount of gain or a loss should the Jaguar Co. record from its foreign currency exposure related to this transaction in 2004 ? Do not use dollar signs or commas. For example. If there is a gain of $1,000, please write 1000 . For a loss in the amount $1,000, please write -1000 . (full points for the exact amount and sign. No partial points allowed) Numeric Response