Suppose your company imports computer motherboards from Singapore. Theexchange rate is $1.4074 per Singapore dollar. You have just placed an order for36,584 motherboards at a cost to you of S145 Singapore dollars each. You will pay forthe shipment when it arrives in 90 days. You can sell the motherboards for $118 each.Calculate your prot if the exchange rates goes up by 12.83% over the next 90 days.

Selected Answer: 976,369.08 Correct Answer: 4,316,597.2859

please show all calculation and steps