A collar is established by buying a share of stock for $54, buying a six-month put option with exercise price $47, and writing a six-month call option with exercise price $61. Based on the volatility of the stock, you calculate that for an exercise price of $47 and maturity of six months, ald= 0.7298, whereas for the exercise price of $61, (da) = 0.6374. What will be the gain or loss on the collar if the stock price increases by $1? (Input the amount as a positive value. Round your answer to 3 decimal places.) Gain of