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On September 22, Year 1, Yumi Corp. purchased merchandise from an unaffiliated foreign company for 0,000 units of the foreign company’s local currency. On that date, the spot rate was $.55. Yumi paid the bill in full on March 20, Year 2, when the spot rate was $.65. The spot rate was $.70 on December 31, Year 1. What amount should Yumi report as a foreign currency transaction loss in its income statement for the year ended December 31, Year 1?