Ayear ago, mc hammer company had inventory in britain valued at 240,000 pounds. 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? (hint: gain/loss is the difference between total value of last period and current period