IF FRENCH-BASED AFFILIATE A OWES U.S.-BASED AFFILIATE B $1,000 AND...

32. If French-based Affiliate A owes U.S.-based affiliate B $1,000 and Affiliate B owes Affiliate A €2,000 when the exchange rate is $1.10 = €1.00. The net payment between A and B should be a. €1,091 from B to A b. €1,091 from A to B c. $1,200 from B to A d. None of the above