Dale Incorporated, a U$.$S$.$ company, bought machine parts from a German company on March $1,201,$ for $30,000,$ when the spot rate for euros was $$0\mathrm{.}4895.$ Dale's year$-$end was March $31,$ when the spot rate was $$0\mathrm{.}4845.$ On April $20,20x1,$ Dale paid the liability with $30,000$ acquired at a rate of $$0\mathrm{.}4945.$ Dale's income statements should report a forelgn exchange gain or loss for the years ended March $31,201$ and $20$X$2,$ of:

$201_{?}$

$202_{?}$

Multiple Choice

$$ $$0$ $$0$

$$ $$0$ $$150$ Loss

$$ $$150$ Loss $$0$

$$ $$150$ Gain $$300$ Loss