A US bank manager believes the Japanese yen will appreciate relative to the dollar over the next three months and plans to use 4 Japanese yen forward contracts to trade based on this belief. Each contract has 10 million yen attached and carries a forward rate of $.005/yen. Find the manager's profit/loss from her forward contracts (in USD) if the spot rate is $.006/yen when the contracts expire. Round intermediate steps to four decimals.

		-40,000
		40,000
		10,000
		-10,000
		None of the above