On December 1, 2021, Joseph Company, a U.S. company, entered into a three-month forward contract to purchase 50,000 pesos on March 1, 2022, as a fair value hedge of a foreign currency denominated account payable. The following U.S. dollar per peso exchange rates apply:December 1, 2021 - spot rate: $0.092 forward rate: $0.105 December 31, 2021 - spot rate: 0.090 forward rate: 0.095 March 1, 2022 - spot rate: 0.089 forward rate: N/AWhich of the following is included in Joseph's December 31, 2021 balance sheet for the forward contract?

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