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Jackson Corp. (a U.S.-based company) sold parts to a Korean customer on December 16, 2021, with payment of 20 million Korean won to be received on January 15, 2022. The following exchange rates applied:December 16, 2021 - spot rate: $0.00082 forward rate: $0.00089 December 31, 2021 - spot rate: 0.00080 forward rate: 0.00083 January 15, 2022 - spot rate: 0.00086 forward rate: 0.00086Assuming a forward contract was not entered into, what would be the net impact on Jackson Corp.'s 2021 income statement related to this transaction?
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