In our pretend world there are two countries - Mexico and Canada - that are engaged in trade.A Canadian firm sells Maple Syrup (a good) in Mexico.Each Maple Syrup Bottle sells for 175 Mexican Pesos per bottle.In Canada, each Maple Syrup bottle costs $12 dollars to produce.Assume that the firm has 1 million bottles of Maple Syrup Bottles to sell.How much money (in Canadian Dollars) would the firm make (or lose) on the sale at the following exchange rates:

Rate 1: 14 Pesos per Canadian Dollar

Rate 2:0.070 Canadian Dollar per Peso