Under Special Accounting Treatment for Cash Flow Hedge of a Forecasted

Multiple Choice

Under special accounting treatment for cash flow hedge of a forecasted transaction, the relationship between the change in value of a derivative instrument and the change in value of the forecasted transaction affects the amount of gain (loss) that should be in Other Comprehensive Income (OCI) .If the amount of gain on derivatives that is classified as OCI is $17,500 and the cumulative loss on the remaining forecasted transaction is ($13,200) , the amount of OCI to be reclassified as a component of current earnings is

A) ​$4,300.
B) ​$13,200.
C) ​$17,500.
D) ​not applicable.