A U$.$S$.$ exporter has a Thai baht account receivable resulting from an export sale on April $1$ to a customer in Thailand.$$ The exporter signed a forward contract on April $1$ to sell Thai baht and designated it as a cash flow hedge of a recognized Thai baht receivable.$$ The spot rate was $$0\mathrm{.}022$ on that date, and the forward rate was $$0\mathrm{.}023.$ Which of the following did the U$.$S$.$ exporter report in net income?

Group of answer choices

a Discount expense.

b Discount revenue.

c Premium expense.

d Premium revenue