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You are an international shrimp trader. A food producer in the Czech Republic offers to pay you 2.2 million Czech koruna today in exchange for

You are an international shrimp trader. A food producer in the Czech Republic offers to pay you 2.2 million Czech koruna today in exchange for a year's supply of frozen shrimp. Your Thai supplier will provide you with the same supply for 2.9 million Thai baht today. If the current competitive market exchange rates are 22.34 koruna per dollar and 38.17 baht per dollar, what is the value of this deal? The Czech buyer's offer is $ ________ . (Round to the nearest cent.)

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