A B 1 The 2016 annual report of Murray Corporation included the following disclosure: 2 3. During fiscal 2016, the US dollar strengthened relative to the other principal currencies in which we transact business with the exception of the Japanese yon 4 5 Explain the effect on Murray Corporation's 2016 Income statement of the U.S. dollar 6 7 a weakening vis-a-vis the Japanese yon, and 8 b strengthening versus all other curencies 9 10 Assume that Murray Corporation reported a net profit in each of the countries involved 11 12