NEED ASAP PLEASE Which of the following situations would result in a foreign exchange gain being reported in net income in 2021? (Assume that the exchange rate was FC1=$2.50 on June 15th 2021 and FC=$2.60 on December 3st. 2021).

a. A company entered into a speculative forward contract on June 15th.2021 to deliver FC100,000 in exchange for $251,000 on December 31st. 2021

b. A company invested FC100,000 in bonds on June 15th.2021 and classified them as held for trading. The fair value of the bonds was FC100,000 on December 3st. 2021

c. A company purchased land for cash of FC100,000 on June 15th.2021, and fair value of the land was FC 105,000 at the end of the year.

d. A company purchased inventory for FC 100,000 on account on June 15th 2021, and the accounts payable was still outstanding at the end of the year.