Orial Diez Miguel S.R.L., a manufacturer of heavy duty machine tools near Barcelona, ships an order to a buyer in Jordan. The purchase price is 500,000. Jordan imposes a 15% import duty on all products purchased from the European Union. The Jordanian importer then re-exports the product to a Saudi Arabian importer, but only after imposing their own resale fee of 25%. Currency Crossrate Spot Rate Jordanian dinar (JD) per Euro JD 0.95/ Jordanian dinar (JD) per U.S. ($) JD 0.70/$ Saudi Arabian riyal (SRI) per U.S. dollar ($) SRI 3.40/$ What is the dollar price after all exchanges and fees? $682,813 $5 250 $975,446 $830,002