Walter Corporation recorded $20,000$ in Accounts Receivable for sales to

customers in the United Kingdom and recorded Accounts Payable of $80,000,000$

won for product purchased from Korea. If Walter recorded a foreign currency

exchange gain on its receivables and a foreign currency loss on its payables, what

must have happened to each currency?

a$.$ Won depreciated, Pound depreciated

b$.$ Won appreciated, Pound depreciated

c$.$ Won depreciated, Pound appreciated

d$.$ Won appreciated, Pound appreciated