Question: lark Stone purchases raw material from its foreign supplier, Rinne Clay, on May 8 . Payment of 1 , 5 0 0 , 0 0
lark Stone purchases raw material from its foreign supplier, Rinne Clay, on May Payment of foreign currency units FC is due in days. May is Clarks fiscal yearend. The pertinent exchange rates were as follows:
DateSpot RateMay $ May $ June $
How much US $ will it cost Clark to finally pay the payable on June
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