Suppose Stackpool Inc

Suppose Stackpool Inc.had inventory in Britain valued at 240, 000 pounds one year ago.The exchange rate for dollars to pounds was 1£ = 2 U.S.dollars.This year the exchange rate is 1£ = 1.82 U.S.dollars.The inventory in Britain is still valued at 240, 000 pounds.What is the gain or loss in inventory value in U.S.dollars as a result of the change in exchange rates?

A) -$240, 000
B) -$43, 200
C) $0
D) $43, 200
E) $47, 473