Kansas Corp., an American company has a payment of 67 million due to Tuscany Corp one year from today. At the prevailing spot rate of 0.90 /$, this would cost Kansas $7.444,444, but Kansas faces the risk that the /$ rate will fall in the coming year, so that it will end up paying a higher amount in dollar terms. To hedge this tisk, Kansas has two possible strategies Strategy 1 is to buy 67 million forward today at a one-year forward rate of 0.89 /$ Strategy 2 is to pay a premium of $17000 for a one-year call option on 67 million at an exchange rate of 0.88 /$ a. Suppose that in one year the spot exchange rate is 0.85 $ What would be Kansas's net dollar cost for the payable under each strategy? Round your answer to the nearest whole dollar amount.) Net Dollar Cost Strategy 1 Strategy 2