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Suppose you would like to convert $1,000 and 220,000 to Euros. According to the quotes below, what are your total proceeds from conversion? Bank Quotations

Suppose you would like to convert $1,000 and 220,000 to Euros. According to the quotes below, what are your total proceeds from conversion?

Bank Quotations
Bank Quotations	Bid	Ask
Japanese Yen ($/)	117.6471	128.2051
Euros (/$)	1.4732	1.4742

a) Find the direct quotations of Japanese Yen.

b) What are the total proceeds from conversion?

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