ADM purchases $55,000$ bushels of soybeans in July. In January, when the spot price of soybeans was $$10\mathrm{.}57/$bushel$,$ ADM hedged the entire planned purchase with September futures contracts at $$10\mathrm{.}30/$bushel$.$ ADM lifts the hedge in July. The spot price of soybeans is now $$10\mathrm{.}60/$bushel and the basis on September futures is now $$0\mathrm{.}06.$ When the hedge is lifted, what is ADM's expenditure on the spot market?