REFERENCE: Ref.09_06 Parker Corp. ,A U.S.company,had the Following Foreign Currency Transactions During

REFERENCE: Ref.09_06
Parker Corp. ,a U.S.company,had the following foreign currency transactions during 2009:
(1. ) Purchased merchandise from a foreign supplier on July 5,2009 for the U.S.dollar equivalent of $80,000 and paid the invoice on August 3,2009 at the U.S.dollar equivalent of $82,000.
(2. ) On October 1,2009 borrowed the U.S.dollar equivalent of $872,000 evidenced by a non-interest-bearing note payable in euros on October 1,2009.The U.S.dollar equivalent of the note amount was $860,000 on December 31,2009,and $881,000 on October 1,2010.
-What amount should be included as a foreign exchange gain or loss from the two transactions for 2010?

A) $9,000 loss.
B) $9,000 gain.
C) $11,000 loss.
D) $21,000 loss.
E) $21,000 gain.