Currency	Quoted bid price	Quoted ask price
Value of a British pound in USD	$1.52/	$1.53/
Value of a New Zealand dollar in USD	$0.76/NZ$	$0.77/NZ$
Value of a British pound in NZ$	NZ$3.92/	NZ3.93/

Suppose Sam has $150,000 to conduct triangular arbitrage. Estimate profit or loss in U.S. dollars if Sam attempts triangular arbitrage following the order of steps below. He converts US dollars to British pounds, then converts British pounds to New Zealand dollars, and then converts New Zealand dollars to US dollars.