1. Suppose that the Japanese firm Sanpo will receive $1.5 million from its DUS sales subsidiary on June 3. Moreover, on June 3 a US bank is due $2.3 million from Sanpo as repayment of a loan. Explain how netting by Sanpo would apply to this example, and what the advantages are? 2. What could be done if Question 1 is modified so that Sanpo owes the $2.3 million on June 13, but the $1.5 million receivable is still sched- uled for June 3