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4 8 . In August 2 0 2 2 a company takes a short position in a contract on April 2 0 2 3 platinum

48. In August 2022 a company takes a short position in a contract on April 2023 platinum futures.
It closes out its position in February 2023. The futures price (per ounce) is $1444.20 when it enters the contract, $1467.16 when it closes out its position, and $1458.13 at the end of December 2022.
One contract is for the delivery of 1,500 ounces platinum. What is the company's total gain or loss?

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