Part C Question 4 Accounting for Foreign Currency Transactions Coastal Surf Ltd is a manufacturer of surfboards in Australia. The company sells surfboards to a Japanese company. The company received an order from the Japanese company to buy 20 surfboards for a value of $9,600,000 Japanese Yen. Under the conditions of the contract, surfboards were sold FOB Sydney and were shipped to Osaka on 20 April 2020. The payment for these surfboards was agreed to be paid by three equal instalments on 30 April, 31 May and 30 June. The company's financial year ends on 30 June 2020. The following exchange rates were applicable: 20 April A$1.00 = JPY990 30 April A$1.00 = JPY998 31 May A$1.00 = JPY 1005 30 June A$1.00 = JPY 1100 Required: Prepare relevant journal entries to record the above transactions in accordance with AASB 139. (Narrations are required)