2. Uniglobe Corp. has subsidiaries in four countries which have frequent transactions among themselves. The firm nets out these transactions. The current payables of each subsidiary to the other are: Taiwan owes Mexico owes $2m to Mexico $3m to Brazil $1m to France $4m to Taiwan $5m to Brazil $1m to France Brazil owes France owes $3m to Taiwan $3m to Mexico $2m to France $2m to Taiwan $4m to Mexico $3m to Brazil Show how these transactions can be netted out to the minimum number of payments; that is, who should pay who and how much? How much will be saved in transaction costs if these costs are 1% of the amount transmitted