DateSpot Rate

$($$US $=1)$Forward Ratea

$($$US $=1)$FVbChange in FVNovember $15,20181\mathrm{.}441\mathrm{.}39$December $31,20181\mathrm{.}391\mathrm{.}37$$$6,000$$$6,000$February $15,20191\mathrm{.}291\mathrm{.}2930,00024,000$

a For settlement on February $15,2019$

b Ignore discounting in the computation of fair values.

On December $31,2018,$ what amount should be reported for the hedged firm commitment?

Select one:

a$.$

$$0$

b$.$

$$6,000$ asset

c$.$

$$6,000$ liability

d$.$

$$411,000$ asset