Required Informetion On December 1, 2018, Keenan Company, a U.S. firm, sold merchandise to Velez Company of Canada for 150,000 Canadlan dollars (CAD). Collection of the recelvable is due on February 1, 2019. Keenan purchased a foreign currency put option with a strike price of $.97 (U.S.) on December 1, 2018. This foreign currency option Is designated as a cash flow hedge. Relevant exchange rates follow Option Spot Rate Premium $.97 $0.85 $8.95 8.84 8.94 .83 Date December 1, 2818 December 31, 2818 February 1, 2819 Compute the U.S. dollars received on February 1, 2019. Multiple Cholce $138,000. $136,500. $145.500. $141.000 $142,500