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On September 1, 2021, Senturo Company entered into a forward exchange contract to purchase 250,000 euros in 120 days. The relevant exchange rates are as

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On September 1, 2021, Senturo Company entered into a forward exchange contract to purchase 250,000 euros in 120 days. The relevant exchange rates are as follows: Spot Rate Forward Rate for December 31, 2021 September 1,2021 246 2.47 December 31,2021 (Year-end) 2.50 2.49 On December 31, 2021, what amount of foreign currency transaction gain should Sentato report in income? O A $10,000 B. $5,000 OC $2,500 OD.SO

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