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What amount of foreign exchange gain or loss would have been recognized in Gunther’s consolidated income statement for 2018?

What amount of foreign exchange gain or loss would have been recognized in Gunther’s consolidated income statement for 2018?

A)  $800,000 gain.

B)  $760,000 gain.

C)  $320,000 loss.

D)  $280,000 loss.

E)  $440,000 loss.

Answer: D 

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