Green has just sold equipment to Brown. Green is a US company who has USD accounting. Sale date is June

$2020$ and payment date December $2020.$

Deal amount $1000000$

Spot June $=$$$\frac{1\mathrm{.}15}{}$

$6-$month forward contract $=$$$1\mathrm{.}14$

Spot December forecast $=$$$\frac{1\mathrm{.}16}{}$

Eurozone $6-$month borrowing rate $=1\mathrm{.}0\frac{\%}{?}$ year

If Green does not hedge, then foreign exchange gains$/($losses$)$ are