step $3$ is wrong, please solve and provide work. all green boxes are right!

Question $1$: Suppose that OSG undertakes the same mandatory hedging policy as S$.$ Corporation, the American company. Hedge the US$\backslash$$$1$ million account receivable case for OSG and find the expected total end$-$of$-$period value of the position taken by OSG. OSG expected to receive a US dollar $($foreign currency$)$ payment of US $\backslash (\backslash$$ $1\backslash )$ million in three months. Use all the financial and market information in Appendix $1.$ For example, The spot rate is $\backslash (115\mathrm{.}03/\backslash$$ $\backslash )$ and the forward rate is $\backslash (116\mathrm{.}18/\backslash$$ $\backslash ).$ Note that the yen is the home currency for OSG. Create a forward agreement. What receivable would the company be locked in at$?\backslash [\backslash$begin$\{$array$\}\{$lll$\}\backslash$hline $$ & $116,180,000\mathrm{.}00\backslash \backslash \backslash \backslash \backslash$hline $\backslash$end$\{$array$\}\backslash ]($Unsure if I input this properly!$)$ Question $2$: Create a mone market hedge $($Hint: OSG receives the $\backslash (\backslash$$ $1\backslash )$ million in $3$ months so everything needs to be quarterly$)$