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American TV Corporation had the following foreign currency transactions during December 2013, on December 9 purchased electronic parts from Toko Company of Japan at an
American TV Corporation had the following foreign currency transactions during December 2013, on December 9 purchased electronic parts from Toko Company of Japan at an invoice price of 800000 yen. Payment is due within one month. "December 15 sold television sets to Fuji Products Ltd, for 2000000 yen. The invoice is denominated in Japanese yen, and it is due within one week **The spot rates for Japanese yen on different dates were: December 9 $0.0075 December 15 $0.0071 December 31 $0.0073 January 5, 2014 $0.0068 what is the total amount should be paid on 15/1/2014 Select one: a. 5440 b. 4580 C. 5480 d. 13600
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