Matthias Corp. had the following foreign currency transactions during 2020: Purchased merchandise from a foreign supplier on January 20 for the U.S. dollar equivalent of $65,100 and paid the invoice on April 20 at the U.S. dollar equivalent of $54,800. On September 1, borrowed the U.S. dollar equivalent of $304,000 evidenced by a note that is payable in the lender's local currency in one year. On December 31, the U.S. dollar equivalent of the principal amount was $320,000. In Matthias's 2020 income statement, what amount should be included as a net foreign exchange gain or loss? Multiple Choice $5.700 loss $10,300 gain O O $26.300 loss $16.000 gain