Miller, Inc. sold merchandise to Jong Ltd. for W25,000,000,000 on October 1, 2022. The billing date is on October 1, 2022, and payable in 120 days, on January 30, 2023. Miller decided to enter a forward contract to deliver W25,000,000,000 to its exchange broker in 120 days. No net settlement was allowed for the contract. Assume an annual interest rate of 12 percent. Selected exchange rates for the Korean won are as follows: Oct 1, 2022 Dec 31, 2022 Jan 30, 2023 Required: Spot rate $0.00096 $0.00094 $0.00092 30-day forward rate $0.00095 $0.00093 $0.00093 90-day forward rate $0.00094 $0.00092 $0.00091 120-day forward rate $0.00094 $0.00091 $0.00090 Prepare all necessary journal entries and adjusting entries to account for the transaction above.