You should create a spreadsheet to answer this and the following six questions (since they all refer to this problem). Your U.S. based company exports drendles to the rest of the world. The world market for drendles is highly competitive (so competitive that changes in production in the United States do not impact the world price). The current price of a drendle is E100/drendle. Your company's cost function is C(q) = 50, 000 + 50q + 0. 02q2 in U.S. dollars. If the exchange rate is 1.20$/E. How much profit (in $US) does your firm make? Round your answer to the nearest penny