ASSUME THAT THE U$.$S$.$ DOLLAR IS THE FUNCTIONAL CURRENCY.

Ruthie Inc. had a debit adjustment of $$8700$ for the year ended December $31,2023,$ from restating its foreign subsidiary's accounts from their local currency units into U$.$S$.$ dollars.

Additionally, Ruthie had a payable to a foreign vendor It is denominated in the vendor's local currency. On December $31,2022,$ this payable for $290,000$ local currency units $($LCU$)$ was correctly included in Ruthie's balance sheet at $$126600.$ When the payable was settled on May $2,2023,$ the U$.$S$.$ dollar$-$equivalent was $$141900.$

In Ruthie's $2023$ consolidated statement of income, how much should be reported as foreign exchange gain$/($loss$)$ in computing net income?

BE SURE TO TYPE A SIMPLE NUMBER WITH NO COMMAS OR DOLLAR SIGNS. FOR EXAMPLE, TYPE $1000$ INSTEAD OF $$1,000.$

IF THE NUMBER IS NEGATTVE, TYPE $-1000$ INSTEAD OF $($ $$1,000)$

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