BFB Bank believes the New Zealand dollar will appreciate over the next five days from $.48 to $.50. The following annual interest rates apply:

Currency Lending Rate Borrowing Rate

Dollars .071 0.0685

New Zealand dollar (NZ$) 0.0505 .0725

CKK Bank has the capacity to borrow either NZ$10,000,000 or $4,700,000. If CKK Banks forecast if correct, what will its dollar profit be from speculation over the fiveday period (assuming it does not use any of its existing consumer deposits to capitalize on its expectations)?