Kalyan Corporation Engaged in the Following Transactions During 2017 $\$ 1.40$

Kalyan Corporation engaged in the following transactions during 2017.
2017
Oct. 31 Purchased goods on accounts from a Dutch supplier at a cost of 80,000 Euros. The exchange rate on this date was $\$ 1.40$ per. Euro. $\text { Nov, } 19 \text { Paid the Dutch supplier when the exchange rate was } \$ 1.32 \text { per Euro. }$ Dec. 11 Sold goods on account to a U.S. bryyer at a selling price of $\$ 70,000$ U.S. dollars. The exchange rate on this date was $\$ 1.02$ Canadian dollars for each U.S. dollar Ignore the journal entry to record cost of goods sold. Dec. 31 Adjusted for the increase in the value of the US dollar, which had an exchange rate of $\$ 0,99$ . Kalyan's year end is December 31 2018
Jan. 5 Received payment from the U.S. buyer for the goods sold on Dec. 11 The exchange rate on this date was $\$ 1.01$ Canadian dollars for each U.S. dollar Prepare the journal entries necessary to record each of the above transactions.