Barcelona Machine Tools. Oriol D'ez Miguel S.RL, a manufacturer of heavy duty machine tools near Barcelona, ships an order to a buyer in Jordan. The purchase price is 429,000 Jordan imposes a 12% import duty on all products purchased from the European Union. The Jordanian importer then re-exports the product to a Saudi Arabian importer, but only after imposing its own resale fee of 29%. Given the following spot exchange rates on April 11, 2010, what is the total cost to the Saudi Arabian importer in Saudi Arabian riyal, and what is the US dollar equivalent of that price? (Click on the icon to import the table into a spreadsheet) Currency Crossrate Spot Rate Jordanian dinar (JD) per euro (E) 0.966 Jordanian dinar (JD) per US dollar (5) 0.706 Saudi Arabian riyal (SRI) per US dollar (5) 3.668 JD JD Resale price Purchase price, converted to Jordanian dinar Additional fees due on importation (12%) Total cost Jordanian dinar Resale fee in Jordan (29%) Resale price to Saudi Arabia JD JD JD