The net impact on Field State net income for the quarter ended March 31, 2017, as a result of the forward contract hedge of a firm commitment is?

Field State received an order on March 1,2017 for parts from a foreign customer at a price of 500,000 foreign currencies with a delivery date of April 30, 2017. On March 1, when the rhm- foreign currency spot rate is O.115 RHM, Westfields Corp. entered into a two-month forward contract to sell 500,000 foreign currencies at a forward rate of O.12 RHM per foreign currency. It designates the forward contract as a fair value hedge of the firm commitment to receive foreign currencies, and the fair value of the firm commitment is measured by referring to changes in the forward rate. Westfields delivers the parts and receives payment on April 30, 2017, when the foreign currency rate is O.118 RHM. On March 31, 2017, the foreign currency spot rate is O.123 RHM, and the forward contract has a fair value of 1,250 RHM.