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How much foreign exchange gain or loss should be included in Shannon’s 2017 income statement

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How much foreign exchange gain or loss should be included in Shannon’s 2017 income statement?

A) $3,000 gain.

B) $3,000 loss.

C) $6,000 gain.

D) $6,000 loss.

E) $7,000 gain.

Answer: D

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How much foreign exchange gain or loss should be included in Shannon’s 2018 income statement