On November 1, 2019, Flower Company, a U.S. company, entered into a four-month forward contract to sell 50,000 liras on February 1, 2020. The following U.S. dollar per lira exchange rates apply: Date                             Spot rate          Forward Rate                                                             (to Feb 1st 2020) November 1, 2019       $0.092             $0.105 December 31, 2019     $0.090             $0.095 February 1, 2020         $0.089             N/A
 
 Flower's incremental borrowing rate is 12 percent. The present value factor for two months at an annual interest rate of 12 percent is .9803. Which of the following is included in Flower's December 31, 2019 balance sheet for the forward contract?

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