b. Reconcile to the forward rate at the forward contract’s inception the net cash received for both the sale of goods and the settlement of the forward-contract derivative. Net cash received for sale of goods and settlement of the forward contract derivative is: $Answer 55 c. What amount of sales was recognized in the quarter ending December 31, 2018? Note: Do not use a negative sign with any of your answers below. $Answer 56 What amount of sales was recognized in the quarter ending March 31, 2019? $Answer 57 What is the total amount of sales recognized across the quarters ending December 31, 2018, and March 31, 2019? $Answer 58