Problem 7-3 International cash management (LO7-2] Orbital Communications has operating plants in over 100 countries. It also keeps funds for transactions purposes in many foreign countries. Assume in 2010 it held 120,000 kronas in Norway worth $37,000. The funds drew 10 percent interest, and the krona increased 5 percent against the dollar. What is the value of the holdings, based on U.S. dollars, at year-end? Value of the holdings