Jackson Corp. (a U.S.-based company) sold parts to a Korean customer on December 16, 2021, with payment of 20 million Korean won to be received on January 15, 2022. The following exchange rates applied: 
Assuming a forward contract was entered into on December 16, what would be the net impact on Jackson's 2022 income statement related to this transaction?
Definitions:
Confidence Interval
An interval of values, obtained from statistics of a sample, anticipated to envelop the value of a not yet identified parameter of the population.
Proportion Difference
A measure of the difference in proportions or percentages between two groups in comparative studies.
Pooled Proportion
The weighted average of proportions from different samples or groups, used in statistical analysis.
Null Hypothesis
A default hypothesis that there is no significant difference or effect, often tested against an alternative hypothesis in statistical analyses.
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