19 Pearl Corporation will need 500,000 Canadian dollars (CS) in 90 days to cover a payable position. Currently, a 90-day call option with an exercise price of $.80 and a premium of $.025 is available. Also, a 90-day put option with an exercise price of $.79 and a premium of $.020 is available. Pearl Corporations plans to purchase options to hedge its payable position. Assuming that the spot rate in 90 days is $.76, what is the amount paid, assuming Pearl Corporation wishes to minimize its cost