The next 2 questions are based on the following: Company USA borrowed 100,000 LCU on October 1, 2018 for 1 year at 6% interest. The and interest are due on October 1, 2019. Exchange rates were as follows: October 1, 2018 $0.80 per LCU December 31, 2018 $0.75 per LCU October 1, 2019 $0.82 per LCU 16 What was the net effect on income for 2018 related to this debt? (Include both exchange rate gains/losses and interest.) $1.125 $3,500 $6,125 $3,875 benodock.comis sharineren Ston shara ja 7 How much cash was needed to settle the debt and interest on October 1, 2019? $86,920 O $106.000 O $88.000 $86,815 298