Suppose Fletcher Ltd. sells athletic shoes to a German company on March 14. Fletcher agrees to accept 2 comma 700 comma 000 euros. On the date of sale, the euro is quoted at $ 1.63. Fletcher collects half the receivable on April 19, when the euro is worth $ 1.62. Then, on May 10, when the price of the euro is $ 1.67, Fletcher collects the final amount. Journalize these three transactions for Fletcher; include an explanation. Overall, did Fletcher have a net foreign-currency gain or loss