Question 19 (3 points) Assume that Lewis International sells running shoes to a British Importer on June 1 and that the sale is denominated at 75,000 and will be collected on July 15. Assume the treatment of FASB Statement 52 and that no forward contract is entered into. Also assume that Lewis closes its books at the end of each month. The following are the relevant exchange rates. Spot rate on June 1 $1.6200 Forward rate for July 15 delivery $1.6000 Spot rate on June 30 $1.6100 Spot rate on July 15 $1.5950 How much cash will Lewis receive on July 15? O $120.750 O $120,000 $119,625 O $121.500 Question 2013 noints)