On November 15, 20x1, Lemon Co. ordered merchandise, on an FOB Shipping point term, from a foreign entity for 200,000 marks. The merchadise was shipped and invoiced to Lemon on December 10,20x1. Lemon paid the invoice on January 10, 20x2. The spot rates are as follows: Nov 15, 20x1 22.4955 December 10, 20x1 22.4875 December 31, 20x1 22.4675 January 10, 20x2 22.4475 Requirement: Provide the journal entries in 20x1 and 20x2.

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