Timele James Co., a U.S. corporation, sold inventory on December 1, 2021, with payment of 10,000 British pounds to be received in sixty days. The pertinent exchange rates were as follows: Dec. 1 Spot rate:$ 1.831 Dec. 31Spot rate: $1.988 Jan. 30 Spot rate: 51.768 What amount of foreign exchange gain or loss should be recorded on December 31, 20212 251570 g 51.550 los 51.550 51.7401