Help with this finance question please

A currency dealer has good credit and can borrow either $1,000,000 or 800,000 for one year. The one-year interest rate in the U.S. is i$=3.5% and in the euro zone the one-year interest rate is i= 6.5%. The spot exchange rate is $1.25=1.00 and the one-year forward exchange rate is $1.20= 1.00. Show how to realize a certain profit via covered interest arbitrage. Borrow $1,000,000 at 3.5%. Trade $1,000,000 for 800,000; invest at i 6.5%; translate proceeds back at forward rate of $1.20=1.00, gross proceeds =$1,022,400. Both B) and C) Borrow 800,000 at i =6%; translate to dollars at the spot, invest in the U.S. at i\$ =3.5% for one year: translate $1,035,000 back into euro at the forward rate of $1.201.00. Net profit 10,500. Borrow 800,000 at i =6.5%; translate to dollars at the spot, invest in the U.S. at i\$ 3.5% for one year; translate 852,000 back into dollars at the forward rate of $1,20=1,00. Net profit $12,600