Kansas Corporation, an American company, has a payment of $6\mathrm{.}6$ million due to Tuscany Corporation one year from today. At the prevailing spot rate of $0\mathrm{.}90\frac{}{\text{\$}},$ this would cost Kansas $$7,333,333,$ but Kansas faces the risk that the $\frac{}{\text{\$}}$ rate will fall in the coming year, so that it will end up paying a higher amount in dollar terms. To hedge this risk, Kansas has two possible strategies. Strategy $1$ is to buy $6\mathrm{.}6$ million forward today at a one$-$year forward rate of $0\mathrm{.}89\frac{}{\text{\$}}.$ Strategy $2$ is to pay a premium of $$116,000$ for a one$-$year call option on $6\mathrm{.}6$ million at an exchange rate of $0\mathrm{.}88\frac{}{\text{\$}}.$

a$.$ Suppose that in one year the spot exchange rate is $0\mathrm{.}85\frac{}{\text{\$}}.$ What would be Kansas's net dollar cost for the payable under each strategy?

Note: Round your answer to the nearest whole dollar amount.

$\backslash$table$[[,$Net Dollar Cost$],[$Strategy $1,],[$Strategy $2,]]$

b$.$ Suppose that in one year the spot exchange rate is $0\mathrm{.}95\frac{}{\text{\$}}.$ What would be Kansas's net dollar cost for the payable under each strategy?

Note: Round your answer to the nearest whole dollar amount.

$\backslash$table$[[,$Net Dollar Cost$],[$Strategy $1,],[$Strategy $2,]]$