IBM sold computer chips from NEC, a Japanese electronics concern, will receive 162 million in three months. Currently, the spot exchange rate is 105/$ and the three-month forward rate is 121/$. The three-month money market interest rate is 10 percent per annum in the U.S. and 7 percent per annum in Japan. The management of IBM decided to use the money market hedge to deal with this yen receivable.

(a) Compute the dollar revenue (3-month later) of the yen receivable (round your answer to zero decimal, e.g., 39,124)