Rochester, Incorporated purchased camera from a Japanese company at a price of 3.0 million yen. On the purchase date, the exchange date, the exchange rate was 0.0100 per Japanese yen, but when Rochester, Incorporated, paid the liability, the exchange rate was 0.0103 per yen. When this foreign account payable was paid, Rochester, Incorporated, recorded a

a) Loss of 900

b) Gain of 900

c) Debit to Inventory of 900

d) Credit to accounts payable of 30,900