Impact of Foreign Currency Exchange Rate on Revenue Recognition

ABC Corporation is a US-based multinational company that recently recorded a sale to a French customer. The transaction was denominated in euros, and at the time of the sale, the exchange rate was 1.10 USD/EUR. However, when the payment was received, the exchange rate had changed to 1.15 USD/EUR. ABC Corporation plans to recognize the sale on its financial statements and is concerned about the impact of the currency fluctuations on their reported revenues.

Which of the following statements accurately reflects the effect of the transaction on ABC Corporation's financial reporting, considering the changes in the exchange rates for the sale?