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May 1 Voltac Corporation (a U.S.-based company has the following import/export transactions denominated in Mexican pesos in 2020: March 1 Bought inventory costing 113,000 pesos

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May 1 Voltac Corporation (a U.S.-based company has the following import/export transactions denominated in Mexican pesos in 2020: March 1 Bought inventory costing 113,000 pesos on credit. Sold 68 percent of the inventory for 93,000 pesos on credit. August 1 Collected 76,500 pesos from customers. September 1 Paid 66,500 pesos to suppliers. Currency exchange rates for 1 peso for 2020 are as follows: U.S. Dollar per Date Peso March 1 $ 0.22 May 1 0.23 August 1 September 1 December 31 0.26 0.24 0.25 Assume that all receipts were converted into collars as soon as they were received. For each of the following accounts, what amount will Voltac report on its 2020 financial statements? a Inventory Cost of goods sold C Sales d Accounts receivable e Accounts payable f Cash

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