On July 1, 2012, CDN Purchased Inventory from Its Main

Multiple Choice

On July 1, 2012, CDN purchased inventory from its main U.S. supplier, RNB Enterprises, at a cost of US$1,000. CDN's year end is on July 31. Some important dates regarding this transaction, as well as the exchange rates in effect at each of these dates are shown below: At what amount would CDN record its inventory purchase from RNB at the time of purchase?

A) $805 CDN.
B) $810 CDN.
C) $820 CDN.
D) $820 US.