On November 1, 2021, Platte Corporation, a calendar-year U.S. Corporation, invested in a speculative contract to purchase 700,000 euros on January 31,2022 , from a German brokerage firm. Platte agreed to buy 700,000 euros at a fixed price of $1.46 per euro. The brokerage firm agreed to send 700,000 euros to Platte on January 31,2022 . The spot rates for euros are: 11/1/202112/31/20211/31/20221euro=1.45=1,015,0001euro=1.431,001,0001euro=1.441,00041.46=1,022,0001e=000 Required: Prepare the journal entries that Platte would record on November 1, December 31, and January 31