On May 8, 2015, Jett Company (a U.S. company) made a credit sale to Lopez (a Mexican company). The terms of the sale required Lopez to pay 1,340,000 pesos on February 10, 2016. Jett prepares quarterly financial statements on March 31, June 30, September 30, and December 31. The exchange rates for pesos during the time the receivable is outstanding follow.

May 8, 2015	$0.1855
June 30, 2015	0.1864
September 30, 2015	0.1875
December 31, 2015	0.1858
February 10, 2016	0.1897

Compute the foreign exchange gain or loss that Jett should report on each of its quarterly statements for the last three quarters of 2015 and the first quarter of 2016

June 30, 2015
September 30, 2015
December 31, 2015
March 31, 2016

Compute the amount reported on Jett's balance sheets at the end of its last three quarters

June 30
September 30
December 31