On October 20, 2020, Pele Inc., a U.S. company, ordered merchandise FOB shipping point from a French company for 100,000. The merchandise was shipped and invoiced on December 1, 2020. Pele paid the invoice on February 2, 2021. The spot rates for euros on the respective dates of were: October 20, 2020 $ 1.21 December 1, 2020 $ 1.18 December 31, 2020 $ 1.19 February 2, 2021 $ 1.16 In Pele's December 31, 2020, income statement, the foreign exchange gain (loss) is O a. $1,000. O b. $2,000. O c. $(1,000). O d. $(2.000)