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Suppose the following transactions occur during the current year: 1. Dmitri orders 60 bottles of chartreuse from a French distributor at a price of $75

Suppose the following transactions occur during the current year: 1. Dmitri orders 60 bottles of chartreuse from a French distributor at a price of $75 per bottle. 2. A U.S. company sells 300 axles to a Spanish company at $15.00 per axle. 3. Jake, a U.S. citizen, pays $900 for a TV he orders from Cosmart (a U.S. company)

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