23. A U.S. manufacturer placed an order with a German company for some specialized production equipment. The final cost of the order was $78,500 EUR. From the time negotiations began until the order was completed and payment needed to be made, the currency exchange rate between the U.S. dollar and the Euro has gone from

$1.252 USD/EUR to $1.273. How much more did the U.S. company have to pay based on the rate change? What was the percentage of price increase in U.S. dollars?