On June 1, Year 3, Forever Young Corp. (FYC) ordered merchandise from a supplier in Turkey for Turkish lira (TL) 217,000. The goods were delivered on September 30, with terms requiring cash on delivery. On June 2, Year 3, FYC entered a forward contract as a cash flow hedge to purchase. TL 217,000 on September 30 , Year 3, at a rate of $0.90. FYC's year-end is June 30 . On September 30 , Year 3, FYC paid the foreign supplier in full and settled the forword contract. Exchange rates were as follows: *For contracts expiring on September 30, Yoar 3. Required: (c) Prepare all necessary journal entries to record the transhactions described above, assuming that the forward contract was designated as a fair value hedge. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Journal entry worksheet Journal entry worksheet Journal entry worksheet Journal entry worksheet Journal entry worksheet Journal entry worksheet