Voltac Corporation (a U.S.-based company) has the following import/export transactions denominated in Mexican pesos in 2020:...

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Voltac Corporation (a U.S.-based company) has the following import/export transactions denominated in Mexican pesos in 2020: March 1 May 1 August 1 September 1 Bought inventory costing 102,000 pesos on credit. Sold 70 percent of the inventory for 82,000 pesos on credit. Collected 71,000 pesos from customers. Paid 61,000 pesos to suppliers. Currency exchange rates for 1 peso for 2020 are as follows: Date March 1 May 1 August 1 September 1 December 31 U.S. Dollar per Peso $ 0.11 0.12 0.13 0.14 0.15 Assume that all receipts were converted into dollars as soon as they were received. For each of the following accounts, what amount will Voltac report on its 2020 financial statements? Answer is complete but not entirely correct. a Inventory $ 11,220 x b Cost of goods sold $ 8,568 C Sales $ 9,840 d Accounts receivable $ 9,230 x e Accounts payable $ 8,540 x f Cash $ 690 Voltac Corporation (a U.S.-based company) has the following import/export transactions denominated in Mexican pesos in 2020: March 1 May 1 August 1 September 1 Bought inventory costing 102,000 pesos on credit. Sold 70 percent of the inventory for 82,000 pesos on credit. Collected 71,000 pesos from customers. Paid 61,000 pesos to suppliers. Currency exchange rates for 1 peso for 2020 are as follows: Date March 1 May 1 August 1 September 1 December 31 U.S. Dollar per Peso $ 0.11 0.12 0.13 0.14 0.15 Assume that all receipts were converted into dollars as soon as they were received. For each of the following accounts, what amount will Voltac report on its 2020 financial statements? Answer is complete but not entirely correct. a Inventory $ 11,220 x b Cost of goods sold $ 8,568 C Sales $ 9,840 d Accounts receivable $ 9,230 x e Accounts payable $ 8,540 x f Cash $ 690