Triple A Company, a U.S.-based company, planned to order equipment from Germany on December 16, 2022, with payment due on February 14, 2023 when the equipment was delivered. The cost of the equipment was expected to be 15,000 Euro. Triple A was concerned Euro would appreciate between December 16, 2022 and February 14, 2023. Therefore, on December 16, 2022, Triple A also acquired a 60-day forward contract to purchase Euro at a forward rate of Euro 1=$1.19. On December 16, 2022, the forward rate for an exchange on February 14, 2023, is Euro 1=$1.19. On December 31, 2022, the forward rate for an exchange on February 14 . 2023 , is Euro 1=$1.24. The spot rate on February 14, 2023 was Euro 1=\$1.21. Should Triple A classify the hedge as a cash flow hedge or a fair value hedge? Prepare the appropriate entry on December 31, 2022 and February 14, 2023. Triple A should classify the hedge as : December 31, 2022 February 14.2023