On July 1, 2020, Mifflin Company borrowed 360,000 euros. July 1, 2021. The note is denominater in... er evidenced by an interestbesring none due on enote principal is as follown: In its 2021 income statement, what amount should Mifflin include as a foreign exchange gain or loss on the note? $12,200 gain $18,300 loss $18,300 gain $12,200 loss