An Australian exporter has supplied goods to India and will receive 3 million Indian rupees (INR) in one year. The exporter expects that the INR will be selling at 14.73% discount against the Australian dollar (A$) in the one-year forward contract.The spot exchange rate is A$0.2597 and the exporter wants to sell INR3 million in the one-year forward contract. How much Australian dollar the exporter will make a loss after one year?