Tim, Inc. a U$.$S$.$ corporation, bought machine parts from Bin Company of Germany on March $1,2014,$ for $70,000$ marks, when the spot rate for marks was $$0\mathrm{.}5395.$ Tim's year$-$end was March $31,2014,$ when the spot rate for marks was $$0\mathrm{.}5445.$ Tim bought $70,000$ marks and paid the invoice on April $20,2014,$ when the spot rate was $$0\mathrm{.}5495.$ How much should be shown in Tim's income statements as foreign exchange $($transaction$)$ gain or loss for the years ended March $31,2014$ and $2015?$O a$.2014$ $$350$ loss$2015$$OO b$.2014$ $$02015$$$0$c$.2014$ $$350$ loss$2015$$$350$ loss d$.2014$ $$02015$$$350$ loss