VIELU UUSU. ABC Corporation's balance sheet at December 31, 2014 included a $24,240 account receivable from San Pedro Corporation of Mexico. The account receivable was denominated as 300,000 Mexican pesos. What entry did ABC make on January 16, 2015 when the account receivable was collected and the exchange rate for the peso was $.09? A) Cash 27,000 Accounts Receivable 27,000 B) Cash 27,000 Exchange Gain Accounts Receivable 2,760 24,240 C) Cash 24,240 Accounts Receivable 24,240 D) Cash 24,240 Exchange Loss 2,760 Accounts Receivable Select one: 27,000