On June 1, 2019, Dole Company, a U.S. firm, sold merchandise to Nabisco Company of Switzerland for 100,000 euros. Collection of the receivable is due on August 1, 2019. Dole purchased a foreign currency put option with a strike price of $0.90 (U.S.) on June 1, 2019. This foreign currency option is designated as a cash flow hedge. Relevant exchange rates follow:

Date	Spot Rate	Option Premium
June 1, 2019	$0.91	$0.07
July 31, 2019	$0.88	$0.03
August 1, 2019	$0.89	N/A

Compute the U.S. dollars received on August 1, 2019.

Group of answer choices

$88,000

$92,000

$89,000

$91,000

$90,000