Part II (20 pts) On November 9, 2019, Carruthers Corporation, a U.S. mult monthly financial statements, sold merchandise cost arruthers Corporation, a U.S. multinational enterprise that prepares open account for150,000 local currency units (LCU). Carruui ents, sold merchandise costing $58,000 to a foreign customer on 30-day O local currency units (LCU). Carruthers employs the perpetual inventory system. On December 9, 2019. Carruthers received a draft for LC , 2019, Carruthers received a draft for LCU150,000 from the foreign customer. Spot rates for the LCU during the remainder of 2011 were as follows. 974 LCU1= IOS Buying Selling Nov.9 $0.80 $0.82 Nov. 30 0.84 0.87 Dec. 9 0.78 0.81 Prepare journal entries for Carruthers Corporation's transactions with the foreign customer