USA exports fitbits to Turkey worth Turkish Lira 100,000 due in 180 days. The firm wants to hedge its exchange rate risk using a forward contract. The bid ask spot rate quoted is Lira 3.5800-3.5890/$ and the 180-day bid ask forward rate quoted is Lira 3.5900-3.5970/$. What will be Tandon Corporations receipts in dollars in 180 days at maturity from the forward hedge?

	a.	$27,932.96
	b.	$27,800.95
	c.	$359,000
	d.	$27,855.15