Brent Bush, CFO of a medical device manufacturer, BioTron Medical, Inc., was approached by a Japanese customer, Numata, with a proposal to pay cash (in yen) for its typical orders of 12,500,000 every other month if it were given a 4.5% discount. Numata's current terms are 30 days with no discounts. Using the following quotes and estimated cost of capital for Numata, Bush will compare the proposal with covering yen payments with forward contracts. What is the difference in US$ between the payments made at discount and no discount, but fully covered with a forward contract? Given the following information:

Assumptions		Values
BioTron's 30-day account receivable, Japanese yen		10,573,943
Spot rate, /$		111.59
30-day forward rate, /$		111.23
90-day forward rate, /$		109.60
180-day forward rate, /$		109.20
Numata's WACC		8.850%
BioTron Medical's WACC		9.82%
Desired discount on purchase price by Numata		4.500%

NOTE: ANSWER WITH TWO DECIMALS