on october 11, 2019, hera company ordered some equipment from a supplier for 200,000 euros. delivery and payment is to occur on november 30, 2019. the spot rates on october 11, 2019 and november 30, 2019 are $1.60 and $1.40. the company acquired a forward contract to hedge any unfavorable changes in fair value of the equipment. what is the equipment recorded on the books on november 30, 2019? the forward rate for november 30 settlement is $1.45.
