Explain how the following items would be entered into the U. S. balance of payments. In each case identify which speci c accounts are a ected (e. g., imports of goods and services, IM; exports of assets, EXA; and so on): (i) A U. S. tourist to Japan sells his iPod to a local resident for yen worth $100. (ii) The U. S. central bank purchases $500 million worth of U. S. Treasury bonds from a British nancial rm and sells pound sterling foreign reserves. (iii) A U. S. owner of Sony shares receives $10,000 in dividend payments, which are paid into a Tokyo bank. (iv) The central bank of China purchases $1 million of export earnings from a rm that has sold $1 million of toys to the United States, and the central bank holds these dollars as reserves. (v) The U. S. government forgives a $50 million debt owed by a developing country.