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( b ) On 1 st Jan 2 0 2 2 , Mr . Ashok, an exporter enters into a forward contract with PNB bank

(b) On 1st Jan 2022, Mr. Ashok, an exporter enters into a forward contract with PNB bank for 500,000 USD on 31st March 2022 @ 85.40.
Inter Bank rate on 26th Feb 2022 was as follows:
Spot:
85.22-85.27
One-month premium
15/20
Two-month premium
35/40
Inter Bank rate on 31st March 2022 was as follows:
Spot:
85.50-85.55
One-month premium
15/20
Additional Information
Interest rate @ 10%.
The bank charge 5p on each trade
Mr. Ashok received information about the cancellation of the original deal from the counterparty on 26th Feb 2022. Therefore, Mr. Ashok requested PNB to cancel forward before the due date i.e.,28th Feb 2022.
Calculate the net cash Inflow/Outflow of Mr. Ashok.

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