Please I will give thumbs up for correct JEs and answers ASAP!!! All answers for REQ A2-A4 are wrong so please help!!!

US Company (a U.S.-based company) sells parts to a foreign customer on December 1, 2020, with payment of 23,000 FCs to be received on March 1, 2021. US enters into a forward contract on December 1, 2020, to sell 23,000 FCs on March 1, 2021. The forward points on the forward contract are excluded in assessing hedge effectiveness and are amortized to net income using a straight-line method on a monthly basis. Relevant exchange rates for the FC on various dates are as follows: US must close its books and prepare financial statements on December 31. 1. a-1. Assuming that US designates the forward contract as a cash flow hedge of a foreign currency receivable, prepare journal entries for the sale and foreign currency forward contract in U.S. dollars. 2. a-2. What is the impact on 2020 net income? 3. a-3. What is the impact on 2021 net income? 4. a-4. What is the impact on net income over the two accounting periods? Complete this question by entering your answers in the tabs below. Assuming that US designates the forward contract as a cash flow hedge of a foreign currency receivable, prepare journal entries for the sale and foreign currency forward contract in U.S. dollars. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Assuming that US designates the forward contract as a cash flow hedge of a foreign currency receivable, prepare journal entries for the sale and foreign currency forward contract in U.S. dollars. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. a-2. What is the impact on 2020 net income? a-3. What is the impact on 2021 net income? a-4. What is the impact on net income over the two accounting periods? (Negative amounts should be entered with a minus sign. Do not round intermediate calculations.) US Company (a U.S.-based company) sells parts to a foreign customer on December 1, 2020, with payment of 23,000 FCs to be received on March 1, 2021. US enters into a forward contract on December 1, 2020, to sell 23,000 FCs on March 1, 2021. The forward points on the forward contract are excluded in assessing hedge effectiveness and are amortized to net income using a straight-line method on a monthly basis. Relevant exchange rates for the FC on various dates are as follows: US must close its books and prepare financial statements on December 31. 1. a-1. Assuming that US designates the forward contract as a cash flow hedge of a foreign currency receivable, prepare journal entries for the sale and foreign currency forward contract in U.S. dollars. 2. a-2. What is the impact on 2020 net income? 3. a-3. What is the impact on 2021 net income? 4. a-4. What is the impact on net income over the two accounting periods? Complete this question by entering your answers in the tabs below. Assuming that US designates the forward contract as a cash flow hedge of a foreign currency receivable, prepare journal entries for the sale and foreign currency forward contract in U.S. dollars. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Assuming that US designates the forward contract as a cash flow hedge of a foreign currency receivable, prepare journal entries for the sale and foreign currency forward contract in U.S. dollars. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. a-2. What is the impact on 2020 net income? a-3. What is the impact on 2021 net income? a-4. What is the impact on net income over the two accounting periods? (Negative amounts should be entered with a minus sign. Do not round intermediate calculations.)