Suppose an American investor is given the current exchange rates in the following table. The listed quotations aredirect quotations stated in American terms.

Exchange Rate

British pound $()$ $$1\mathrm{.}8790/$ pound

Euro $()$ $$1\mathrm{.}4200/$ euro

Australian dollar $($AU$$)$ $$0\mathrm{.}9710/$ Australian dollar

Given these rates, an Australian dollar can purchase British pounds.

Magic Milling Company is a U$.$S$.-$based firm that produces stereos in Germany at a cost of $120($including production and transportation costs$)$ and sells them in England for $92.$ Based on the exchange rate table given in the preceding question, what is Magic Milling Company$$s dollar profit for each unit sold?

$$1\mathrm{.}98$

$$2\mathrm{.}22$

$$2\mathrm{.}47$

$$2\mathrm{.}10$