Question 4 1 Poir On OCTOBER 4, 2020, RAMA Corporation borrowed 250,000 British pounds from a London bank, evidenced by an interest-bearing note payable due in one year. The note was payable in pounds. Exchange rates for pounds were: October 4, 2020. December 31, 2020. October 4, 2021. $1.59 $1.55 .$1.61 What exchange gain or loss appeared on RAMA'S 2020 income statement