Assume that one of the McDonalds restaurant in Spain earned profits of 200,000. In January, the exchange rate was 1.00/$1.00. However, by the end of the year, the exchange rate changed and it is 1.00/$1.10 now. If the GM of that restaurant wishes to convert Euro profits to U.S. dollars, what is the amount of increase or decrease in profits in U.S. dollars due to the change in the exchange rate between Euro and US dollars?'

An increase of $20,000

A decrease of $20,000

An increase of $10,000

An increase of $10,000