As an analyst in an investment bank offering over-the-counter options, you are in charge of providing price quotes of various options written on the S&P 500 index. The multiplier of these options is $100 and the price is quoted in index points (1 point equals $100)

You offer a price quote of 95 for a plain vanilla call option. If your customer would like to take a short position of 10 contracts.

How many dollars does the customer need to pay or receive in this transaction?