A currency dealer can borrow $870,000 (or the equivalent in euros) for one year. The one-year interest rate is 5.60% in the U.S. and 3.30% in the euro zone. The spot exchange rate is $1.3128/1.00 and the one-year forward exchange rate is $1.3172/1.00. What arbitrage profit results if the trader borrows the maximum available funds? 12,904.55 OR $16,997.87 16,997.87 OR $22,389.59 17,587.75 OR $23,166.58 20,010.00 OR $26,357.17 9,807.00 OR $12,917.78 14,070.00 OR $18,533.00