On Oct 1, 2015, Short company ordered some equipment from a supplier for 200,000 euros. Delivery and payment will occur on Nov 30, 2016. The spot rates on Oct 1 and Nov 30 are $1.50 and $1.30 If the company acquires a forward contract to hedge any unfavorable changes in fair value of the equipment, at what amount is the equipment recorded on Nov 30? The forward rate for Nov 30 settlement is $1.35 O a. $300,000 O b. $270,000 O c. $260,000 O d. None of the above