Question: What is the current foreign exchange gain Sept. 30? Peerless Corporation (a U.S. company) made a sale to a foreign customer on September 15, for

What is the current foreign exchange gain Sept. 30? Peerless Corporation (a U.S. company) made a sale to a foreign customer on September 15, for 100,000 crowns. It received payment on October 15. The following exchange rates for 1 crown apply:

September 15

$0.60

September 30

0.66

October 15

0.62

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