An Indian importer has a payable of C$ 5,00,000 due on 31.3.2002. On 01.01.2002, the importer covers the payable through forward buying of C$ at Rs. 30.34 from his banker. On 31-3-2002, he requests the banker to extend the contract till 30-4-2002. The exchange rates as on 31-3-2002 are Spot Rs./C$ 1 month forward 30.54/63 30.56/68 You are required to find out the net cash outflow for the importer