Plus Inc. exports our to Germany. Preparejournal entries, including explanation to record the following events: Jan. 15, 2021: Sold our to a German restaurant chain at a price of 2 million euros, due in 90 days. The current exchange rate is $0.70 U. S. dollars per euro. {Plus Inc. uses the periodic inventory method.) Mar 31, 2021: Plus Inc. made a year-end adjusting entry relating to the account receivable from the German restaurant chain. The exchange rate at year-end is $0.75 U.S. dollars per euro. Apr. 15, 2021: Received a check for $1,440,000 from the InterContinental Bank in full settlement of the receivable from the German restaurant chain. The exchange rate at this date is $0.72 U. S. dollars per euro