need help with these 2 questiins thank you

QUESTION 2 A local candy importer purchased Egyptian candy costing 475,000 Egyptian pounds. The transaction is denominated in Egyptian pounds and equated to $73,600 on the transaction date. The spot rate on December 31, 20x2 (the company's end of year) was 1 Egyptian Pound = $0.176. On settlement date in 20x3, the spot rate was 1 Egyptian Pound = $0.180 Calculate the amount of gain/loss the company will report on its 20x3 financial statements related to this transaction Enter your amount first followed by gain or loss (insert a space between the amount and the word) QUESTION 3 On April 8, 20x2, Remington Corporation purchased merchandise from a foreign company for 10,000 units of the foreign company's local currency Remington paid the bill in full on March 1, 20x3, when the spot rate was $0.45 The spot rate was $0.60 on April 8, 20x2, and was $0.55 on December 31, 20x2. For the year ended December 31, 20x2, Remington should report a transaction gain of O A $1,500 O B. $1,000 O C. $500 O D. $0