Mr Abrahams (A) sells 100 crates of wine (1 crate has 1000 bottles in it) to Mr Barton (B) in London. Your usual selling price (in South Africa) is R25 per bottle and the current exchange rate is 1.00 = ZAR 13.00. Mr Abrahams agrees to ship the goods through Durban harbour FOB (Freight on Board). Cost of getting the goods to the harbour is R30 000 for transport, Insurance will cost R400, per R1000.00 of the goods value. Hire of the dock crane will cost R1000.00 per hour of loading and it is estimated that the loading time will be three hours. Determine what the final purchase price in will be assuming that you calculate everything into the final price.

Please solve clearly