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Livingston Co. has a subsidiary in Korea. The subsidiary reinvests 64% of its net cash flows into operations and remits leftovers to the parent. Livingston's
Livingston Co. has a subsidiary in Korea. The subsidiary reinvests 64% of its net cash flows into operations and remits leftovers to the parent. Livingston's expected cash flows from domestic business are $171,581, and the Korean subsidiary is expected to generate 362 million Korean won at the end of the year. The value of the won is $0.0012 at the end of the year. What are the expected dollar cash flows of Livingston Co.? (Please round up to a dollar and fill the blank with a number only.)
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