ABC Inc. sold an industrial scale 3D printer to its client in Germany. The ABC Inc. billed its client at EUR 10,000,000 and extended a trade credit for 6 months. In other words, the German client will pay ABC Inc. in 6 months. The current spot, forward and money market rates are as follows: Spot: EUR/USD 1.1310-1.1315 Forward (6-months) : 1.1385-1.1395 US Interest rates (6-month) 3%4% per annum EUR Interest rates (6-month) 1.5%2.5% per annum What would be the ABC Inc.'s dollar receipts if ABC Inc hedged its position with a six month forward contract