Please show work. The Account types for Hedged Transactions are one of the following:

The CF Hedge dropdown options are:

a Derived from an option pricing model such as the Black-Scholes model b(600,000$1.30:1)(600,000$1.25:1) c(600,000$1.30:1)(600,000$1.21:1) d Fair value - intrinsic value (i.e., equals the residual fair value derived from all sources except for intrinsic value [e.g., time value]) a. Prepare the journal entries to record all the adjustments required for the forecasted sale and option contract on January 5 , 2022 , March 31 , 2022 , and June 30,2022. Note: If no journal entry is required, select No entry - debit and No entry - credit as your Account answers and leave the Debit and Credit amounts blank (zero). Hedged Transaction CF Hedge: Entries assuming all of excluded option value change runs through income AOCl - Cash flow hedge gain AOCI - Cash flow hedge gain Cash No entry - credit No entry - debit OCl - Cash flow hedge gain Option contract (asset) Sales AOCl - Cash flow hedge gain Cash No entry - credit No entry - debit OCl - Cash flow hedge gain Option contract (asset) Sales