ent Saved Help Save Required information Use the following information for Problems 20 and 21 [The following information applies to the questions displayed below.] Mccarthy, Inc.'s Brazilian subsidiary borrowed 117,000 euros on January 1, 2020. Exchange rates between the Brazilian real (BRL) and euro (E) and between the U.S. dollar ($) and BRL are as follows: BRL per E US$ per BRL January 1, 2020 BRL 4. 20 $ 0. 28 Average, 2020 BRL 4.30 $ 0.25 December 31, 2020 BRL 4.60 $ 0.20 Problem 10-21 (Algo) (LO 10-4) What amount of foreign exchange gain or loss should be reflected in Mccarthy's 2020 consolidated net income? Multiple Choice