Can you help me with this requirement E please? I need to do $9$ journal entries and unsure how to do it$.$

Assume that, on August $15,$ the company forecasted the purchase of beer on October $15.$ On August $15,$ the company acquired a two$-$

month call option on $312,000$ euros. The company designated the option as a cash value hedge of a forecasted foreign currency

transaction. The time value of the option is excluded from the assessment of hedge effectiveness, and the change in time value is

recognized in net income over the life of the option. Prepare journal entries to account for the foreign currency option and import

purchase.

Note: If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field. Do not round

intermediate calculations.