On March 1, Derby Corporation (a U.S.-based company) expects to order merchandise from a supplier in Norway in three months. On March 1, when the spot rate is $0.13 per Norwegian krone, Derby enters into a forward contract to purchase 600.000 Norweyler kroner al alice-month forward tale of $0.180. Forward points are excluded in assessing the forward contract's effectiveness as a hodye, and are annorlized lonel income on a straighil-linc basis. Allhe end of three months, when the spotrete is $0.177 per Norwegian Krone Derby orders and receives the merchandise, paying 600.000 kroner. The merchandise is sold within 30 days. Whet amounts does Derby report in net income as a result of this cash flow hedge of a forecasted transaction and the related purchase and sale of merchandise? Multiple Choice Cost of goods sole of $100.000 less foreign exchenge gein of $30,000 Cost of goods sok of $/8.000 plus fore gn exchange loss of 530.000 Cost of Ass of $108,000 Cost of goods sole of $106,200 plus foreign exchange loss of S1,800