On October 20, 2023, Levis sold goods to a British company at a price of 40,000 English pounds, when the direct exchange rate was 1 Pound = $1.50. The account has not been settled as of December 31, 2023, when the exchange rate was 1 Pound = $1.53. On February 1, 2024, Levis collected the amount due from British Co. when the exchange rate was 1 Euro = $1.48. Levis should prepare the following entry on February 1, 2024 to record this transaction: O a. Dr. Foreign Currency Units () 61,200; Cr. Foreign Currency Transaction Gain 1,200 Cr. Accounts Receivable () 60,000. O b. Dr. Foreign Currency Units () 61,200; Cr. Foreign Currency Transaction Gain 2,000 Cr. Accounts Receivable () 59,200. O c. Dr. Foreign Currency Units () 60,000; Dr. Foreign Currency Transaction Loss 1,200 Cr. Accounts Receivable () 61,200. O d. Dr. Foreign Currency Units () 59,200; Dr. Foreign Currency Transaction Loss 2,000 Cr. Accounts Receivable () 61,200.