Catan Bank has entered in a long $180-$day FRA on the $90-$day Treasury rate with the agreed upon rate of $2\mathrm{.}5$ percent. The notional amount is $$1\mathrm{.}6$ million. Calculate the value of the contract $90$ days after the start of the FRA if the new forward rate for the same underlying is $2\mathrm{.}28$ and you know the following spot rates $($as of day $90)$:

$90-$day: $2\mathrm{.}35\%$

$180-$day: $2\mathrm{.}37\%$

$270-$day: $2\mathrm{.}20\%$

$360-$day: $2\mathrm{.}75\%$

Provide your answer in dollars rounded to two decimals.