Pigskin Co, U.S. corporation, sold inventory on credit to a British company on April 8, 2018. Pigskin received payment of 35,000 British pounds on May 8, 2018 The exchange rate was 1 = $1.54 on April 8 and 1=143 on May 8. What amount of foreign exchange gain or loss should be recognized? (Round your answer to the nearest whole dollar amount.) Multiple Choice o O sia,soo loss o s,500 gain o sto ious o spaso ios o C) No gain or loss should be recognized search # 18