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Peerless Corporation ( a U . S . - based company ) made a sale to a foreign customer on September 1 5 , for

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Peerless Corporation (a U.S.-based company) made a sale to a foreign customer on September 15, for 125,000 crowns. It received payment on October 15. The following exchange rates for 1 crown apply:
\table[[Date,U.S. Dollar],[Der Crown,],[September 15,$0.61
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