Transaction exposure. International Products, Inc. has ordered 14,000 leather coats from Argentina for delivery in 12 months. The contracted cost of a coat is 119 pesos. International Products will pay for the coats upon delivery. The current indirect exchange rate is $1 for 1.2149 pesos. The anticipated inflation rate is 3.8% in the United States and 7.4% in Argentina. In U.S. dollars, how much will the 14,000 leather coats cost International Products at delivery? In U.S. dollars, how much will the 14,000 leather coats cost International Products at delivery? $ (Round to the nearest cent.)