Selco, a U.S. Company, imports and exports tools, shop equipment, and industrial construction supplies. The company uses a periodic inventory system. During April the company entered into the following transactions. All rate quotations are direct exchange rates.

Selco, a U.S. Company, imports and exports tools, shop equipment, and industrial construction supplies. The company uses a periodic inventory system. During April the company entered into the following transactions. All rate quotations are direct exchange rates. April 3 Purchased power tools from a wholesaler in Japan, on account, at an invoice cost of 1,720,000 yen. On this date the exchange rate for the yen was $0.0069. 5 Sold hand tools on credit that were manufactured in the U.S. to a retail outlet located in West Germany. The invoice price was $3,400. The exchange rate for marks was $0.5854. 9 Sold electric drills on account to a retailer in New Zealand. The invoice price was 17,900 U.S. dollars and the exchange rate for the New Zealand dollar was $0.5786. 11 Purchased drill bits on account from a manufacturer located in Belgium. The billing was for 801,282 francs. The exchange rate for francs was $0.0312. 16 Paid 1,080,000 yen on account to the wholesaler for purchases made on April 3. The exchange rate on this date was $0.0064. 18 Settled the accounts payable with the Belgium manufacturer. The exchange rate was $0.0367. 22 Received full payment from the New Zealand retailer. The exchange rate was $0.5706. 30 Completed payment on the April 3 purchase. The exchange rate was $0.0076. Prepare journal entries on the books of Selco to record the transactions listed above. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Round answers to 0