I am a US wine exporter who is exporting wine to Portugal worth 100,000 and the amount is due in one year. I want to hedge my euro receivables using a money market hedge and obtain the following quotes from my banker.

I am a US wine exporter who is exporting wine to Portugal worth 100,000 and the amount is due in one year. I want to hedge my euro receivables using a money market hedge and obtain the following quotes from my banker.

Bid Ask Spot rate is $1.3000 $ 1.3100 per .

The Portugese interest rates are 4 % - 4.6 % annually and the US interest rates are 3.1 3.6 % annually.

Using a money market hedge and bid-ask spreads, what are my receivables in dollars in one year (rounded)?