of On September 3, 2020, Silverstone Co. purchases goods for a U.S. dollar equivalent of $17,000 from a Swiss company. The transaction is denominated in Swiss francs (SFr). The payment is made on February 4, 2021. The exchange rates were: Date Exchange Rate September 3, 2020 1 Swiss franc- $0.85 December 31, 2020 1 Swiss franc- $0.92 February 4, 2021 1 Swiss franc- $0.90 The settlement entry needed on February 4, 2021 & the net effect amount of this transaction includes: Select one: O a. Debit Accounts Payable (SFr) for $18,000: Foreign Currency Transaction loss for $400, and credit: FCUS (SFr) for $18,400. The net effect is netgain in the amount of $1,000 O b. Debit Accounts Payable SFr) for $18.400 and credit Foreign Currency Transaction gain for $400: FCUS (SE) for $18.000. The net effectis net loss in the amount of $1.000. c. Debit ecounts Payable Stor $18.000:Foreign Currency transaction loss for $400 and credit: FCUS (SFr) for $18.00 The ne effect is nefoss in the amount of $1.000