The following are the currency rates available in the forex market. Canada C$/$ 1.2138 Brazil Real (BRL/$) 2.3844 If a dealers bid-side quote for the CAD/BRL is C$0.5250, Calculate Mr. Tremblays profit on a US$2,000,000 initial investment in the triangular arbitrage opportunity. (6 marks) 1. Question 2: Morrissey Technologies Inc.'s 2016 financial statements are shown here. Morrissey Technologies Inc.: Balance Sheet as of December 31, 2016 Cash $180,000 Accounts payable $360,000 Receivables 360,000 Notes payable 56,000 Inventories 720,000 Accrued liabilities 180,000 Total current assets $1,260,000 Total current liabilities $596,000