On June 1, Calico Import-Export Company sells merchandise to French firms for 60,000 euros. Payment will be made in euros on September 1. The exchange rates of euros for $1 were as follows: June 1 $1 = 60.85 September 1 $1 = 60.88 Calculate the amount receivable in dollars on June 1. (Note: Round the answer to the nearest dollar.) Oa. $51,000 Ob. $60,000 Oc. $70,588 Od. $68,182