4b.

Barcelona Machine Tooks. Oriol Dez Miguel S.RL, a manufacturer of heavy duty machine tools near Barcelona, ships an order to a buyer in Jardan. The purchase price is 424,000. Jordan imposes a 12% import duty on all products purchased from the European Union. The Jordanian importer then re-exports the product to a Saudi Arabian importer, but only after imposing its own resale fee of 29%. Given the following spot exchange rates on April 11, 2010, what is the total cost to the Saudiabian importer in Saudi Arabian riyal, and what is the U.S. dollar equivalent of that price? (CIick on the C, icon to import the table into a spreadaheet) The spot rate, Saudi Arabian riyal per Jordanian dinar is SRI UD. (Round to five decimal places.)