REFERENCE: Ref.10_01 Westmore,Ltd.is a British Subsidiary of a U.S.company.Westmore's Functional Currency Is

REFERENCE: Ref.10_01
Westmore,Ltd.is a British subsidiary of a U.S.company.Westmore's functional currency is the pound sterling.The following exchange rates were in effect during 2008:
-Gunther Co.established a subsidiary in Mexico on January 1,2008.The subsidiary engaged in the following transactions during 2008:

What amount of foreign exchange gain or loss would have been recognized on Gunther's consolidated income statement for 2008?

A) $200,400 loss.
B) $90,000 loss.
C) $226,000 loss.
D) $235,600 loss.
E) $250,000 loss.