Harrison Hydraulics and the Yuan. Harrison Equipment of Denver, Colorado, purchases all of its hydraulic tubing from manufacturers in mainland China.

The company has recently completed a corporate$-$wide initiative in six sigma$/$lean manufacturing. Completed oil field hydraulic system costs were reduced

$4\mathrm{.}4\%$ over a one$-$year period, from $$888,000$ to $$848,928.$ The company is now worried that all of the hydraulic tubing that goes into the systems $($making

up $18\%$ of their total costs$)$ will be hit by the potential revaluation of the Chinese yuan$-$if some in Washington get their way. If the current spot rate is

yuan $8\mathrm{.}28$ per dollar, how would a $12\mathrm{.}9\%$ revaluation of the yuan against the dollar impact total system costs?

The current cost of the hydraulic tubing is $$.($Round to the nearest cent.$)$

After a revaluation of the yuan against the dollar, the cost of the hydraulic tubing will be $$.($Round to the nearest cent.$)$

The cost increase $($impact in total system costs$)$ as a result of the revaluation is $$.($Round to the nearest cent.$)$