Consider these data points. We are in October of 2021. We know that the December 2021 coffee futures contract is trading at 180. We also know that John, a coffee exporter, agrees to sell 1 lot of coffee to Starbucks in December of 2021 at "DEC - 1" (December minus 1). John hedges his position by selling 1 December 2021 futures contract at today's price of 180. Fast forward in time to December 2021 where for purposes of this exam question, we can assume that the December 2021 coffee futures contract is now trading at 250 cents per pound. John and Starbucks agree to settle their transaction based on this new price of 250 while honoring the one (1) centdiscount.Assume that John thencompletely forgets to "buy back" the December 2021 futures contract that he sold back in October of 2021. What is John's total U.S. dollar final "net position" as a combination of what Starbucks owes him, combined with his obligation to the coffee futures exchange?

Please select the correct answer choice below.

	A.	$67,500
	B.	$160,875
	C.	$93,375
	D.	$675,000