In a Recent Financial Journal, the Exchange Rate Between the Dollar

In a recent financial journal, the exchange rate between the dollar and the British pound was quoted in two ways:
$$\begin{array} { | l | l | } \hline \text {Exchange rate (in dollars) } &\$ 1.60\\\hline \text {Exchange rate (in pounds) } &£ 0.625\\\hline\end{array}$$
-Refer to the above data. The number of dollars equivalent to £50,000 on this date is:

A) $31,250.
B) $80,000.
C) Some other amount.
D) Depends upon whether the item is a receivable or a payable.