Calculate the 110% CIP value for the following cargo and associated freight costs: Four 40-ft containers Said to contain mobile phones. Invoice value of the cargo: CAD $100,000.00 Ocean freight Montreal to Bremerhaven: US $700.00/container Pre-carriage Kingston to Montreal all in: CAD $100.00/container All risk marine premium rate at 0.35% The exchange rate is US $1.00 = CAD $1.3 A. CAD $101,010.00 B. CAD $103,640.00 C. CAD $104,040.00 D. CAD $114,844.55