Please help with the wrong answers, thanks a lot!

On August 1, Year 3, Carleton Ltd. ordered machinery from a supplier in Hong Kong for HK $500,000. The machinery was delivered on October 1, Year 3, with terms requiring payment in full by December 31, Year 3. On August 2, Year 3, Carleton entered a forward contract to purchase HK$500,000 on December 31 , Year 3 , at a rate of $0.165. On December 31 , Year 3 , Carleton settled the forward contract and paid the supplier. Exchange rates were as follows: \#For contracts expiring on December 31 , Year 3. (c) Assume that hedge accounting was not applied. Prepare the journal entries for Year 3 to record all the activity described above and prepare a summary journal entry for the combined effect of all entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) (c) Assume that hedge accounting was not applied. Prepare the journal entries for Year 3 to record all the activity described above and prepare a summary journal entry for the combined effect of all entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) \begin{tabular}{|l|l|} \hline Record the forward contract. \\ Record the purchase of machinery. \\ Revalue forward contract at fair value. \\ Revalue forward contract at fair value. \\ Revalue accounts payable at fair value. \\ Record the cash received frombank. \\ \hline Record payment of accounts payable. \\ \hline Record summary entry for all entries combined. \\ \hline \end{tabular} (c) Assume that hedge accounting was not applied. Prepare the journal entries for Year 3 to record all the activity described above and prepare a summary journal entry for the combined effect of all entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)