Suppose a Canadian Company Sold Merchandise to a British Firm

Suppose a Canadian company sold merchandise to a British firm for 100,000 British pounds.Assume the exchange rates for the British pound were as follows: $\begin{array}{ll}\text { Date of sale } & \$ 2.35 \\\text { Date of collection } & \$ 2.34 \\\text { Date merchandise resold by British firm } & \$ 2.33\end{array}$ The exchange rate gain/loss for the Canadian company on this transaction was:

A) $2,000 gain
B) $1,000 loss
C) $3,000 gain
D) $3,000 loss