PLEASE ANSWER QUESTION AND SHOW ALL WORK !!!

Nayo Corp. (a U.S.-based company) sold parts to a Nigerian customer on December 1 , 2022, with payment of 25 million Nigerian Naira received on January 15,2023 . The following exchange rates between a Nigerian Naira and a U.S. dollar applied: Assuming a forward contract was entered into on December 1 , what would be the net impact on Nayo's 2023 income statement related to this transaction? a. $500(105s). b. 512,500(1055). c. $500( gain). d. $10,000 (gain) e. 57,500 (gain)