Consider it is April $2020$ and a company will need to sell $100,000$ barrels of oil to sell in June $2021.$ Each futures contract is based on $1,000$ barrels. It decides to hedge with a short position with a hedge ratio of $1\mathrm{.}0.$ The current spot price of oil is $$19.$ The company decided to roll its hedge position forward at $6-$month intervals. The following table shows all futures prices as well as the spot price in June $2021.$

$\backslash$table$[[$Date$,$April $2020,$September $2020,$February $2021,$June $2021],[$October $2020$ Futures price,$18\mathrm{.}20,18\mathrm{.}40,,],[$March $2021$ Futures price,,$18\mathrm{.}00,17\mathrm{.}50,15\mathrm{.}30],[$July $2021$ Futures price,,,$16\mathrm{.}80,16\mathrm{.}00],[$Spot price,$19\mathrm{.}00,,,]]$

The profit from only the rolling hedge strategy would be