International Products, Inc. has ordered 16,000 leather coats from Argentina for delivery in 3 months. The contracted cost of a coat is 115 pesos. International Products will pay for the coats upon delivery. The current indirect exchange rate is $1 for 1.3307 pesos. The anticipated inflation rate is 3.6% in the United States and 8.2% in Argentina. In U.S. dollars, how much will the 16,000 leather coats cost International Products at delivery?