Bristow Home Improvement Imports Lumber from Canada

Multiple Choice

Bristow Home Improvement imports lumber from Canada. Each unit of lumber costs 8 Canadian dollars. The company sells the lumber in its European stores for 8 euros. Currently, exchange rates are:
$1 Canadian = $0.6784 U.S.
1 euro = $0.7900 U.S.
How much profit measured in U.S. dollars does Bristow make on each unit of lumber sold?

A) $0.89
B) $0.94
C) $0.99
D) $1.06
E) $1.13