On January 1, 1997, Outreach Incorporated sold services to a Canadian supply company and accepted a three-year note in the amount of 11,000 Canadian dollars. Exchange rates between the U.S. dollar and the Canadian dollar are provided below. Date U.S. Dollars per Canadian Dollars January 1,1997 $.85 December 31,1997 .90 December 31,1998 .80 REQUIRED: Provide the journal entries (in U.S. dollars) prepared by Outreach to record the receipt of the note and the exchange gains/losses recognized on December 31, 1997, and December 31, 1998. Ignore any interest on the note.