Unit Costs of EUROs and USDs Please help with the following problem Please provide step by step calc

Unit Costs of EUROs and USDs

Please help with the following problem Please provide step by step calculations

A US importer is concerned about the appreciation of Euro

against USD due to Euro payables of EUR10,000,000 in three months  To hedge

(protect himself/herself) the position, exporter decides to use futures

markets Currently, CME (Chicago Mercantile Exchange) EURO contracts (125,000

each) are traded at USD10814 The spot rate is EUR/USD10751-0756 (USDs per

EURO) Suppose the exporter takes an equal futures position to its cash market

position (EUR10m) at $10814  Provided that futures contract price and spot

rates are $11250/Euro and $10935/Euro respectively when the hedge is

liquidated, what should be the unit cost of EURO for the US importer in USD

terms