Question $22$

$1pts$

Let's suppose you $($USA dealer$)$ imported one Earth Equipment machine from German dealer on March $1,2017$ at $300,000$ each, payable in $30$ days. The exchange rate on March $1,2017$ was $1\mathrm{.}16$ US $\frac{\text{\$}}{}.$ Then you sold the machine in the US market at US $$350,000$ in cash on March $29,2017.$ On April $1,2017,$ you paid to Italian car dealer at the exchange rate of $1\mathrm{.}19$ US $\frac{\text{\$}}{}.$ What was profit or loss from this business in terms of US$$?($Please assume all costs are included in price.$)$

$-4500$

$-7000$

$-10200$

$-9200$