3.Voltac Corporation (a U.S. company located in Charlotte, North Carolina) has the following import/export transactions denominated in Mexican pesos in 2017:

March 1Bought inventory costing 112,000 pesos on credit.May 1Sold 80 percent of the inventory for 92,000 pesos on credit.August 1Collected 76,000 pesos from customers.September 1Paid 66,000 pesos to suppliers.

Currency exchange rates for 1 peso for 2017 are as follows:

Assume that all receipts were converted into dollars as soon as they were received

For each of the following accounts, how much will Voltac report on its 2017 financial statements?

\fa Inventory b Cost of goods sold C Sales d Accounts receivable e Accounts payable -h Cash