On May 1, 20X6, Emu Corporation purchased merchandise from a Danish firm for 198,000 Danish Krone when the spot rate for krone was 5.200 krone per dollar. The account payable was denominated in krone. Emu settled the account on September 1 when the spot rate for krone was 5.345 krone per dollar. How much cash will Emu have to disburse to settle the account? O a. $1,058,310.00 O b. $1,029,600.00 . $ 38,076.93