Sape & Son. a Ghanaian importer has entered an agreement on January 1" 2017 to be supplied goods with the value of GH 2,000,000.00 by a UK manufacturer. The contract attracted twenty percent (20%) interest for late payment after the date of the agreement. The following rates apply to the contract: Spor rute GH 2.30 - Ll. Forward rate Glic 2.00 7.00 Require: i. Calculate the amount payable if the Ghanaian dealer has paid the supplier on the day of the contract. (3Marks) ii. Calculate the amount payable, if the Ghanaian dealer has chosen to pay the supplier on March 19" 2017. (4Marks) Total Mark (15)