Second Question

On December $9,200,$ US$.$ Company $x$ acquired inventory from a British supplier forich with payment due in pounds on January $8,20$X$1.$ Spot exchange rates for the pound were: December $9,20$X$0,$ $$1\mathrm{.}50$; December $31,20$X$0,51\mathrm{.}55$; and Jaruary $8,20$X$1,51\mathrm{.}57.$ For Company $x$ with a December $31,20$X$0$ closing, what would these transactions result in a foreign currency transaction in $200$ and $201?$