Barcelona Machine Tools. OriolD'ez MiguelS.R.L., a manufacturer of heavy duty machine tools nearBarcelona, ships an order to a buyer in Jordan. The purchase price is 426,000. Jordan imposes a 12% import duty on all products purchased from the European Union. The Jordanian importer thenre-exports the product to a Saudi Arabianimporter, but only after imposing its own resale fee of 29%. Given the following spot exchange rates on April11, 2010, what is the total cost to the Saudi Arabian importer in Saudi Arabianriyal, and what is the U.S. dollar equivalent of thatprice?

Currency Crossrate Spot Rate

Jordanian dinar(JD) per euro () 0.968

Jordanian dinar(JD) per U.S. dollar($) 0.717

Saudi Arabian riyal(SRI) per U.S. dollar($) 3.723

The spotrate, Saudi Arabian riyal per Jordanian dinar is SRI 5.19247/JD. (Round to five decimalplaces.)

Calculate the resale price to Saudi Arabiabelow:(Round to two decimalplaces.)

Resale price

Purchase price, converted to Jordanian dinar JD ??????????

Additional fees due on importation (12%) JD ??????????

Total cost, Jordanian dinar JD ??????????

Resale fee in Jordan (29%) JD ??????????

Resale price to Saudi Arabia JD ??????????