Southerland Corporation, a U$.$S$.$ video games manufacturer, had several foreign exchange transactions during $2023$ and $2024.$

$2023$

$10/01/23$ Southlerland sold office equipment to a firm in Oman for $100,000$ rial. Payment is to be received in Omani rial in six months on April $1,2024.$ The spot rate for the Omani rial dinar is $$2\mathrm{.}65.$

$11/01/23$ Contracted to deliver inventory to a firm in Poland on January $31,2024.$ The contract was for $725,000$ Polish zloty due on May $1,2024.$ To hedge against the future commitment, Southerland acquired a forward exchange contract. The six$-$month contract is to sell $725,000$ Polish zloty to the broker on June $4,2024$ at a forward rate of $$0\mathrm{.}20.$ The spot rate on for the Polish zloty on November $1,2023$ is $$0\mathrm{.}25.$

$12/31/23$ Adjusted the accounts when the spot$/$current rate and forward rate for the Polish zloty is $$0\mathrm{.}18$ and $$0\mathrm{.}21,$ respectively, and the current rate for the Omani rial is $$2\mathrm{.}66.$

$2024$

$01/31/24$ Delivered inventory to the firm in Poland. Southerland uses the perpetual system to record inventory transactions and the cost to manufacture the inventory was $$125,000.$ The spot rate and forward rate for Polish zloty is $$0\mathrm{.}27$ and $$0\mathrm{.}26,$ respectively.

Required: Prepare all journal entries to record the above transactions through January $31,2024.$Show all work for how you came up with amounts in all of the journal entries. Also, the equipment is sold for $100,000$ not $10,000$ on $10/1/23.$ So if the anwer is $26,500$ for the first entry i would like to know how you came to that answer because $100,000$ x $2\mathrm{.}65$ does not equal $26,500,$ It equals $265,000$ but $10,000$ x $2\mathrm{.}65$ does equal $26,500.$ however, the equipment is being sold for $100,000$ so i would appreciate clarity on the first entry for $10/1/23$ and the calculation for How you got the answer. please show all work and the math that you did for all of the numbers in the journal entries to record the above transactions through January $31,2024.$ My grade depends on this assignment, so please show all work for all of the journal entries