56) Princess Cruise Company (PCC) purchased a ship from Mitsubishi Heavy Industry. PCC owes Mitsubishi Heavy Industry 700 million yen in one year. The current spot rate is 113.87 yen per dollar and the one-year forward rate is 111.59 yen per dollar. The annual interest rate is 0.9% in Japan and 2.5% in the U.S. PCC can also buy a one-year call option on yen at the strike price of $.008900 per yen for a premium of .018 cents per yen. Compute the future dollar costs of meeting this obligation using the forward hedge. (USD, no cents)