FIGURE $2\mathrm{.}11$ Corn futures prices on the Chicago Mercantile Exchange, September $4,2019$

$\backslash$table$[[$Maturity$,$Last,Change,High,Low$],[$September$-19,3\mathrm{.}4500,-4\mathrm{.}7500,3\mathrm{.}5100,3\mathrm{.}4450],[$December$-19,3\mathrm{.}5750,-3\mathrm{.}5000,3\mathrm{.}6300,3\mathrm{.}5650],[$May$-20,3\mathrm{.}7925,-3\mathrm{.}2500,3\mathrm{.}8400,3\mathrm{.}7850],[$December$-20,3\mathrm{.}9725,-2\mathrm{.}2500,4\mathrm{.}625,3\mathrm{.}9700],[$July$-21,4\mathrm{.}1875,-2\mathrm{.}0000,4\mathrm{.}2000,4\mathrm{.}1825]]$

Source:

www$.$cmegroup.com, September $4,2019.$Look at the futures listings for corn in: Figure $2\mathrm{.}11$: Suppose you buy one contract for December $2020$ delivery at the closing price.

Required:

If the contract closes in December at a price of $$4\mathrm{.}06$ per bushel, what will be your profit or loss? $($Each contract calls for delivery of $5,000$ bushels.$)($Round your answer to $2$ decimal places.$)$