Question: Voltac Corporation ( a U . S . - based company ) has the following import / export transactions denominated in Mexican pesos in 2

Voltac Corporation (a U.S.-based company) has the following import/export transactions denominated in Mexican pesos in 2020 :
August 1 Collected 70,000 pesos from customers.
September 1 Paid 60,000 pesos to suppliers.
Currency exchange rates for 1 peso for 2020 are as follows:
\table[[Date,U.S. Dollar per],[March 1,Peso],[May 1,$0.10
 Voltac Corporation (a U.S.-based company) has the following import/export transactions denominated

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